Quote:
Originally Posted by Krystian Galaj
Why would they have to make an argument for value? No one has to buy the book, if it's too expensive for them. They can just say "this is our price", why not?
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Technically, in economic theory, value and price are not interchangeable and refer to two different things. Among other things, the subjective theory of value holds that to possess value an object must be both useful and scarce. Since digital forms by nature are not scarce, the value proposition becomes even more difficult to make as the price applied to abundant goods becomes increasingly greater than those of comparable scarce goods.
Quote:
Originally Posted by Krystian Galaj
They can't do anything about piracy anyway, and not releasing the ebook at all doesn't make it less likely to appear on the darknet, if it's popular.
But by not releasing the ebook when they can do so, they create absence - and don't get a single dollar out of it.
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All true and this is where the publisher scarcity mindset plays to their detriment. It seems they would rather make nothing from nothing (a negative or at best revenue neutral) instead of something from nothing (a positive).