by Mike Masnick

Filed Under:
books, ebooks, economics, pricing

'Economics In One Lesson' Apparently Doesn't Include Pricing; Kindle Version Most Expensive

from the let's-try-that-again dept

Copycense, who has done a really bangup job in pointing out some ironic ebook pricing decisions, has another one. The book "Economics in One Lesson," by Henry Hazilitt is available new from Amazon in paperback for $7.95... or at $9.99 for the Kindle. Apparently, "Economics In One Lesson" either doesn't include a section on pricing... or whoever did the pricing on the book didn't read that section...

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  1. identicon
    Miko, 22 Apr 2011 @ 7:48pm

    Re: Response to: Thanatos on Apr 22nd, 2011 @ 6:54pm

    This is only a part of the calculation. Since the reproduction cost is (effectively) zero, it's in their interest to sell a copy to anyone who is willing to pay more than zero, if they can do so in a way that won't interfere with their ability to extract more from those willing to pay more. Obviously, this involves a knowledge problem. The ideal solution (from their perspective) is to lower the price gradually over time (to "sell" time preference) and to have larger sales at unpredictable intervals.

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