If people are turned off by high initial prices, they can wait to buy it. Maybe
if they wait, they won't get one. But alot of people are not getting them
anyway. They wait in line and might not get one. The goodwill can be made back
by giving some of the excess profit to charity. If it was
Lines might be negative externalities. But is there some reason why the
retailers cannot raise the price to cover them?
Cyril Morong
John Perich [EMAIL PROTECTED] wrote: How to Stop the PlaySation Violence
Cyril,
The pricing strategy you describe is effectively in
place now
I was watching the local news last night as they covered Thanksgiving night
shopping stories in the DC metro area. Apparently some stores opened last
night to start off the Christmas shopping season and hundreds of people lined
up
at one store for six hours or more. About 50 people showed