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Punoxysm comments on Open thread, Jan. 26 - Feb. 1, 2015 - Less Wrong Discussion

6 Post author: Gondolinian 26 January 2015 12:46AM

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Comment author: Punoxysm 27 January 2015 05:19:40AM 2 points [-]

I don't get what you're getting at.

Pricing is a well-studied area. Price discrimination based on time and exclusivity of 'first editions' and the like is possible, but highly dependent on the market. Why would anyone be able to sell an item with a given pricing scheme like 1/n? If their competitor is undercutting them on the first item, they'll never get a chance to sell the latter ones. And besides there's no reason such a scheme would be profit-maximizing.

Comment author: Plasmon 27 January 2015 07:39:02AM 0 points [-]

Why would anyone be able to sell an item with a given pricing scheme like 1/n?

On downloaded, digital goods, this would be simple.

If their competitor is undercutting them on the first item, they'll never get a chance to sell the latter ones. And besides there's no reason such a scheme would be profit-maximizing.

Please see the numerical example in this comment

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