Quote:
Originally Posted by Kali Yuga
The premium price is actually due to the mechanics of supply and demand; the different form is merely a thin veneer on this process. If you want the book as soon as it's released, you pay a premium for that -- and there is absolutely no reason why this dynamic should change just because the product is digital instead of physical.
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Well then. If it's all about supply and demand, just think of the ratings backlash as "demand" fighting back
. In any case, the supply & demand argument rather defeats your own point - it is the ONE argument that the Agency model goes against. Amazon (as a retailer) has far more knowledge of the market. Price-fixing is merely a conglomerate (whether it's OPEC or the Agency 5) going
against the whole supply & demand mechanism - even seeking to actively pervert that mechanism. The Agency model is a capitalist's worst nightmare.