Quote:
Originally Posted by QuantumIguana
No, I'm not. I'm saying that the price should be what the reader is willing to pay, rather than what some committee thinks a book is "worth". I might think a book is crap, but just because I wouldn't pay for the book doesn't mean that the book should be cheap. The price of the book should reflect them demand. Having some third party dictating price takes away the readers power to assign their own value to a book.
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I assume that you are speaking about an average reader. I suspect that publishers would start with a high price for the first adopters, and then discount appropriately in such a fashion as to maximize profits.
Sadly in many instances there is no free market in the capitalist sense. Student's are required to purchase specific textbooks, which 'conveniently' have new editions every year or two.