4 ms·
You're right. I just found the whole article rather poorly thought out when compared to the articles that I usually find posted here and was a little irritated.
by asto 15y ago
You're right. I just found the whole article rather poorly thought out when compared to the articles that I usually find posted here and was a little irritated. Could have explained why that concept won't work rather than just abuse.
1. How will you find out people's income? The only way is to let them tell you. The people who report their correct income are the sort who would have bought your DVD at your price anyway. And the people who are the sort to lie to save money would rather get it for free right? There's also the problem of people not wanting to disclose their income to any tom, dick or harry who asks.
2. Any sort of price discrimination is generally a bad idea regardless of the basis of discrimination. A better idea is to push the price per unit down to the point where it's a no-brainer to buy it. (I think it was Lady Gaga who sold her latest album for a buck per copy and generated huge sales volume)
Besides, we don't need some newfangled solution that is so hard to implement. The problem is that the people who produce content like music/movies have gotten into a rut in the way they think. We need a Steam (the software by valve) for movies. Just buy a movie and you own it forever. Lost a hard disk and want to watch The Godfather again? Just login and re-download a h264 rip LEGALLY. Have a blue ray player and a fast internet connection? Download the blue ray disk. So many people already download content. The idea should be to make downloading content from legitimate providers a better experience than piratebay and charge a premium for it. Push down the prices and push up the volumes.
- nos4A2 15y agoTo your first question, there is a concept called PPP (purchasing power parity), which measures the cost of a basket of items across regions (a famous implementation is the Big Mac Index), so you wouldn't really go around asking people their salary, it is more in terms of a region or a country.. As to the question about price discrimination it already exists as a result of free market/supply demand.. Bread costs 50 cents in India vs 2.50$ in the US.. That is simply because people as willing to only pay 50c.. But with media, there exists no "need", people consume whatever is given to them, so there is a need to artificially regulate prices, in the long run that will benefit the media houses, they are just too short sighted to see that..