3 ms·
Hypothetically music should be priced like medicine or drugs. What you "get" out of it is a mood, like a stimulant or depressant (but with more complexity and s
by tjs8rj 4y ago
Hypothetically music should be priced like medicine or drugs. What you "get" out of it is a mood, like a stimulant or depressant (but with more complexity and side effects).
"For $20, I can sell you this audio file that makes you yearn for the deep friendships you created that summer a few years ago. Side effects may include vivid visual memories and internal hallucinations of what could have been, sudden mood swings including finding them on Facebook to see what they are up to, and in some cases: crying".
- tschwimmer 4y agoThe problem with this approach is that unlike drugs, the effects of music are heavily influenced by the taste of the consumer. Some people find Celene Dion inspiring and heartwarming. Personally I find it to be sappy, generic garbage. Just because you're telling me it's inspiring doesn't mean it will be. That ambiguity leads to much higher price elasticity than a drug.
- deleted 4y ago[deleted]
- HKH2 4y agoYou'd need to collect a lot of data for that, and there is no guarantee that the person listening hasn't built up a tolerance to it already.