Imp the Dimp
Gold Member
Cope and seethe because I'm correct. Both sides will always seek to maximize their outcome. I will always seek to pay the lowest price possible, producers of goods will always charge the max they can. Depending on market conditions that price might be closer to the consumer's prefered price (which is $0) or the producer's preferred price. Since gaming is a very competitive market, the prices have generally been deflationary and haven't even kept up with inflation. The GPU market on the other hand is a good example of what an uncompetitive market can look like.
"Greed" doesn't explain anything because we are all outcome maximizing all the time, therefore it cannot explain changes in price.
"Greed" doesn't explain anything because we are all outcome maximizing all the time, therefore it cannot explain changes in price.