tag:blogger.com,1999:blog-7169279.post8733137016687332750..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: NBC vs AppleDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-7169279.post-71786828362477508612009-11-19T04:04:08.353-07:002009-11-19T04:04:08.353-07:00Great story as for me. It would be great to read a...Great story as for me. It would be great to read a bit more about this topic.<br />By the way look at the design I've made myself <a href="http://www.admirableescorts.com/high_class_escorts_london.html" rel="nofollow">High class escorts</a>Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7169279.post-88722461306409426912009-11-15T17:01:59.879-07:002009-11-15T17:01:59.879-07:00-1 on Lucas for a spelling error.
You know it...-1 on Lucas for a spelling error. <br /><br />You know it's possible that economists don't know everything!<br /><br />We include what we do know in texts about things like uniform pricing. But this doesn't mean it is a good explanation for all the instances of uniform pricing that we see in the real world.<br /><br />iTunes is a great example of this. So are movie tickets, books, Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-11715938871096475572009-11-15T00:39:51.645-07:002009-11-15T00:39:51.645-07:00If any industry has the wherewithal to employ comp...If any industry has the wherewithal to employ complete price discrimination, I would think it would be the electronic download industry. They have considerable amounts of data literally at their fingertips, and discriminatory pricing really shouldn’t be that hard. The fact that iTunes has only a few standard prices (thanks Maya), makes me wonder if their simplistic pricing has more to do with Doloreshttps://www.blogger.com/profile/12583883308424226118noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-47144332042404251792009-11-14T11:53:50.814-07:002009-11-14T11:53:50.814-07:00I feel that uniform pricing is easier to do than c...I feel that uniform pricing is easier to do than complete price discrimination. I agree there would be less costs in research on how much to price a uniform pricing model verses a complete price discrimination model.Blakehttps://www.blogger.com/profile/13955410954017974896noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-79454914191893277342009-11-08T23:25:54.151-07:002009-11-08T23:25:54.151-07:00The pricing seems to be based on the length of tim...The pricing seems to be based on the length of time that the item (a song for example) has been available on the market. The older items are less expensive. Full albums are $7.99 and $9.99 which also is a change. <br />WIth the Itunes Genius feature turned on the program will offer to bundle specific albums for you when you already own a song from one particular artist. This means that you are~~~~~https://www.blogger.com/profile/17594590280909551637noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-6193320788067974122009-11-08T17:53:45.189-07:002009-11-08T17:53:45.189-07:00The text mentions that when selecting a pricing st...The text mentions that when selecting a pricing strategy, demand is not the only thing to consider. Cost is a major element in setting a profit-maximizing price, and although Apple saved money in research expenses, they might not have considered the cost of loosing support from NBC. Apple has since repaired relations with NBC and like Maya said, changed their pricing strategy.Audreyhttps://www.blogger.com/profile/15450118689245295372noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-58059973276236249412009-11-07T21:49:47.639-07:002009-11-07T21:49:47.639-07:00Thank you for that information Maya. I do not do ...Thank you for that information Maya. I do not do anything with iTunes so I was not aware of the pricing change. I hope it was the right move for them to change their pricing and that they are more profitable because of the change. Fo they structure their pricing based on demand of the product or how does that work? I was just curious to know if they have changed from completely uniform The Martinsen Familyhttps://www.blogger.com/profile/12053867844638488402noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-10985685348628110372009-11-07T14:26:41.934-07:002009-11-07T14:26:41.934-07:00This article was written in October 2007, since th...This article was written in October 2007, since that time apple has modified it's pricing structure slightly. Individual songs were priced at $0.99 and now may be priced at $0.79, $0.99, or $1.29. Similar changes have occurred with all products on the site. While Apple did not listen completely, the message from NBC and other sources was heard and understood.~~~~~https://www.blogger.com/profile/17594590280909551637noreply@blogger.com