What would be fair price?

[Carn]

As there is a long thread about room temperature superconductivity i asked myself, why does this discussion go for so long and why does the person not simply call up some energy company, show them the evidence and offer them his entire work for a mediocre sum - e.g. 1 billion. Then the question occurred to me, whether this would not be illegal due to laws in some countries against seriously underpricing something.

So what would be fair price?

Superconductivity up to 500 degree celsius, production cost, availability, elasticity and stability of superconducting material equal to copper wire.

 

[The Don]

[Dr Evil] ONE MILLION DOLLARS !!!!! [/Dr Evil]

 

[MRC_Hans]

As there is a long thread about room temperature superconductivity i asked myself, why does this discussion go for so long and why does the person not simply call up some energy company, show them the evidence and offer them his entire work for a mediocre sum - e.g. 1 billion. Then the question occurred to me, whether this would not be illegal due to laws in some countries against seriously underpricing something.

So what would be fair price?

Superconductivity up to 500 degree celsius, production cost, availability, elasticity and stability of superconducting material equal to copper wire.

One problem with existing high temperature (not as high as room temperature just yet) is that their current carrying capability is limited. Over a certain current density, and they jump out of superconductivity.

Assuming our wonder material does not have that problem, I think I'd charge, ... let's be reasonable and think of what is good for mankind ... :

Say, 5c/ft, in royalty. That should make everybody rich.

Hans

 

[Carn]

One problem with existing high temperature (not as high as room temperature just yet) is that their current carrying capability is limited. Over a certain current density, and they jump out of superconductivity.

Ok, i forgot that.

Lets say it can handle currents like copper, so 4A/squaremillimeter.
And case i forgot some characteristic, assume its along the characteristics of copper just without that stupid resistance.

 

[quarky]

Resistance isn't stupid. Its futile.

 

[drkitten]

As there is a long thread about room temperature superconductivity i asked myself, why does this discussion go for so long and why does the person not simply call up some energy company, show them the evidence and offer them his entire work for a mediocre sum - e.g. 1 billion. Then the question occurred to me, whether this would not be illegal due to laws in some countries against seriously underpricing something.

So what would be fair price?

For unproven, controversial, technology that may or may not work?

Any amount that the two parties can agree to, probably closer to a million than to a billion dollars.

The laws you cite only apply to goods for which there's an established market and an established market value.

 

[ben m]

Then the question occurred to me, whether this would not be illegal due to laws in some countries against seriously underpricing something.

Are there really such laws? I know that some places regulate specific retailing tricks, like loss leaders in grocery or liquor stores, but I find it hard to imagine that anyone would try to make this a general rule.

 

[drkitten]

Are there really such laws? I know that some places regulate specific retailing tricks, like loss leaders in grocery or liquor stores, but I find it hard to imagine that anyone would try to make this a general rule.

I think he's referring to anti-dumping laws.

 

[ben m]

http://en.wikipedia.org/wiki/Dumping_(pricing_policy) "A standard technical definition of dumping is the act of charging a lower price for a good in a foreign market than one charges for the same good in a domestic market. This is often referred to as selling at less than "fair value". Under the World Trade Organization (WTO) Agreement, dumping is condemned (but is not prohibited) if it causes or threatens to cause material injury to a domestic industry in the importing country. [2]"

Doesn't apply in this case.