Quote:
Originally Posted by leebase
We don't need to lecture the publishers because the publishers have all the incentive they need to "price right". They also have all the information that the rest of us guess over.
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You're assuming that the publishers are rational, and
1) want to maximize the profits for each individual title
2) have the resources to do so.
There are plenty of reasons why the publishers have no interest in maximizing the sales and profits of individual books, especially if it means adjusting the price up/down for an individual book based on sales. Adjusting the price on some books will affect the perception of what should be the price of other books, and publishers really dislike the idea that books with high volume sales should have their prices lowered because other books have a price drop.