gwern comments on Rationality Drugs - Less Wrong

26 Post author: lukeprog 01 October 2011 11:20AM

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Comment author: pengvado 30 October 2011 04:43:25PM 1 point [-]

you should have wondered why there was such a price difference and not then been surprised at the taste

I would have expected any price difference to have something to do with the cost of making pills. If that's not the case... is there a competitive market in powder but not a competitive market in pills, or do all the sellers agree on this same method of price discrimination, or what?

Comment author: gwern 30 October 2011 04:49:12PM 0 points [-]

There's usually a cost to the convenience of pills, yes; but the greatest the difference, the more convenience is being provided (because otherwise people would just cap their own or not buy the substance at all). Piracetam seems to have unusual differentials, pointing to some greater convenience being provided - which I believe to be related to its revolting taste.