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Thanks. I did read the article and noticed the examples that you referred to. To clarify: I just don't see where the evidence for any of these claims is access

Thanks. I did read the article and noticed the examples that you referred to. To clarify: I just don't see where the evidence for any of these claims is accessible. Four of the six references don't appear to be available on-line. Of the two that are, one is a brief summary that leads to a paywalled FT article that I can't read, and the other is a ~200 pdf economics textbook. I'm happy to accept that a price differential changes when a constant is added to both prices. But I do question whether people in the real world will switch to a different type of coffee bean because the differential goes from x2 to x1.6. And I wanted to know more about the real-world circumstances in which it had been observed. I might be pursuaded that the market for illegal drugs/alcohol could exhibit this effect, but it would be interesting to know how how, given that illegal products are probably going to be subject to other effects not shared by legal products, biases and selectivities were compensated for. Edit: Made first paragraph clearer.

zwaps 8y ago
Here is a study in trade on this phenomenon https://krannert.purdue.edu/faculty/hummelsd/research/apples.pdf https://krannert.purdue.edu/faculty/hummelsd/research/apples...
pc86 8y ago
The fact that the sources are not easily accessible to you for free does not negate the fact that there are cited sources explicitly disproving your assumption (that this is just economists making things up). > Thanks, I also read the article. I'm not sure the extent to which you considered this, but in this context it's hard to read that sentence without making you sound like a jerk.
- andyjohnson0 8y ago
  > > Thanks, I also read the article. > I'm not sure the extent to which you considered this, but in this context it's hard to read that sentence without making you sound like a jerk. Did you consider the possibility that I was simply thanking dyeje for their reply, and confirming that I had noticed the examples that they referred to? Assumption of good faith, etc? Nevertheless I've edited my reply to hopefully make my intended meaning clear.

zwaps 8y ago

Here is a study in trade on this phenomenon https://krannert.purdue.edu/faculty/hummelsd/research/apples.pdf https://krannert.purdue.edu/faculty/hummelsd/research/apples...

pc86 8y ago

The fact that the sources are not easily accessible to you for free does not negate the fact that there are cited sources explicitly disproving your assumption (that this is just economists making things up). > Thanks, I also read the article. I'm not sure the extent to which you considered this, but in this context it's hard to read that sentence without making you sound like a jerk.

andyjohnson0 8y ago
> > Thanks, I also read the article. > I'm not sure the extent to which you considered this, but in this context it's hard to read that sentence without making you sound like a jerk. Did you consider the possibility that I was simply thanking dyeje for their reply, and confirming that I had noticed the examples that they referred to? Assumption of good faith, etc? Nevertheless I've edited my reply to hopefully make my intended meaning clear.