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It reminds me of printer sales or high-fee consumer credits.. they benefit from consumer myopia about the future. There's even a lot of literature about that:
by zzleeper 11y ago
It reminds me of printer sales or high-fee consumer credits.. they benefit from consumer myopia about the future. There's even a lot of literature about that:
https://dash.harvard.edu/bitstream/handle/1/4554333/Laibson_ShroudedAttributes.pdf?sequence=2 https://dash.harvard.edu/bitstream/handle/1/4554333/Laibson_...
In this case, I'm guessing many people that are not that well-off still buy macs but don't really realize the future repair costs..
- oldmanjay 11y agoDoes it remind you of buying nearly everything? Do you think the average consumer decides to buy a home appliance or a television based on the possibility of providing user service at reduced rates?