I just got my graduation pics for college. And I am really pissed off with they way these photographers keep the negatives and charge an enormous price for reprints.
Anyway, would it be because of Adverse Selection. When you fix yourselves for a photo shoot for graduation, you literally fix yourselves up. And when you see that you like what you look like when you see the proofs, you would order another set; if you look bad, there is a higher probability that you won't. So the photographers, knowing that it would take you another fix to look at least as good as you do in the first shoot, could charge a higher price. The people who would order for extra copies are the ones who think that their shoot that time was good. Is my understanding of the situation right? Or is there a better way to view it? At 08:56 AM 1/23/2002 -0800, you wrote: > Whenever I get a professional photograph I am always infuriated that >the photographers keep the negatives and then charge me every time I >want a print. This wouldn't be so bad but the system is inefficient >since I move around a lot and can lose track of who holds the negatives >to photographs that I had taken 10 years ago. I have tried several >times to arrange an alternative deal - paying more up front in return >for the negatives - but the photographers always react with horror to >this suggestion and refuse. > I have a two part question. First, why do photographers want the >system this way. (Note that obviously the photographers have a monopoly >over the prints once the prints are taken but that this does not really >answer the question - see Landsburgh's discussion of the popcorn problem >in The Armchair Economist.) Second and relatedly why don't entrants >offer an alternative system? > >Alex >-- >Dr. Alexander Tabarrok >Vice President and Director of Research >The Independent Institute >100 Swan Way >Oakland, CA, 94621-1428 >Tel. 510-632-1366, FAX: 510-568-6040 >Email: [EMAIL PROTECTED] > > >--- >Incoming mail is certified Virus Free. >Checked by AVG anti-virus system (http://www.grisoft.com). >Version: 6.0.295 / Virus Database: 159 - Release Date: 11/1/2001
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