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I'm not an economist, but I think the top answer makes plenty of sense. Price discrimination is an important concept for many products: cinemas, bus/train ticke

by ramchip 15y ago

I'm not an economist, but I think the top answer makes plenty of sense. Price discrimination is an important concept for many products: cinemas, bus/train tickets, computers... Instead of just proposing theories with nothing backing them up, like the answer that's being voted down, the top post refers to people who have actually modeled the problem and checked that their theories explain the data.

archangel_one 15y ago
I tend to agree with the OP on this; the top post cites a lot of complicated language but the conclusion is kind of weak (why do these "popcorn lovers" feel it's worth more to buy it at the movies?). The answer further down that points out that someone on a date buys it there so as not to look cheap is, to me, more insightful than citing a bunch of papers. I guess I find an explanation of why the market will bear the high price at the theatre more interesting than a whole lot of economic jargon around it. Although this is the economics stack exchange thing, so maybe that's what's expected...