I think it is good example for bundling or vertical integration. Like a free
Microsoft Internet Explorer (see S. Landsburgs Slate column) the buyer is better off,
if the seller offers two complementary goods like meals and toilets in a bundle than a
seperate offer. If you are in a restaurant
John Hull:
Of course Michael Etchison may be right as well (if I read him
correctly), in that firms engage in hueristic pricing and just toss
bathroom maintenance into the mix.
What firms think they do, and what they actually do, are neither
identical nor even coextensive, of course. A firm may
Robin Hanson asked:
Plausible, but then the question is: *why* do people have a disutility
of paying for toilets? Does this fit into any pattern of the sorts
of things people have a disutility of paying for?
Apparently using a toilet is something that people have tradiotionally
seen as
John Perich wrote:
Well, I made the comment originally because, in the
neoclassical framework, would one have any reason to
assume that any given cost WASN'T included in the
final price?
Your question seems straight forward, yet I'm not sure
I understand. Assuming the problem is at my end, let
Some time ago Mark Wilson sent in an email on copy protection harming
hardware. Apparently a felt tip pen can foil that.
http://www.cnn.com/2002/TECH/industry/05/21/bc.media.cd.piracy.reut.reut
/index.html?related
Mitch
- Original Message -
From: Mark Wilson [EMAIL PROTECTED]
Date:
- Original Message -
From: john hull [EMAIL PROTECTED]
On reflection it has occured to me that prices may
affect bathroom maintenance costs: if Mc.D's charges
less for burgers and obtains more customers, then they
may have more bathroom use which may require more
bathroom cleaning,
