TIP: Click on subject to list as thread! ANSI
echo: mystery
to: IRV KOCH
from: DAVID CHESSLER
date: 1996-11-17 03:28:00
subject: BOOKS

On 13 Nov 96, 05:42pm, Irv Koch wrote to Sam Waring
on the subject of "Books":
 >    You will also, if you deal with it long enough, discover another 
 >    peculiarity of Used Books.  The stores which charge the highest prices 
 >    drive out those who charge the least.  It's totally counter-intuitive 
 >    but there's a math type reason for it.
There are other products where this happens. Generally, the
public associates higher prices with better quality. In the case
of used books, I suspect the higher prices pay for slightly
cleaner surroundings, matching bookshelves, and other
inconsequential amenities.
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