Quote:
Originally Posted by rhadin
A good example occurred just yesterday. I started a book by Megg Jensen, Anathema, that I "bought" sometime in recent months for free. I bought it because it looked interesting and it was free; I probably would have passed over it at $2.99. I found the book so good that I immediately returned to Smashwords and bought the other two books in the trilogy, Oubliette and Severed, for $3.99 and $4.49, respectively.
My point is this: The first book, Anathema, was a commodity, so price mattered. The other two books were no longer commodities but fit in the scarce column, even though technically not scarce, because I had a reason for wanting them and not substitutes. Price mattered significantly less, although there was a threshold over which I would not go to buy the books.
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The books really weren't scarce, then: They were at first
unknown to you, until you found and read
Anathema; then they became
known quantities, and desired by you based on the similar book. Being known could be considered a subset of abundance/scarcity: Without it, it doesn't matter whether it is scarce or abundant; but in either case, it is the key to rising above the scarce
and abundant.