Being 100% rational…

…I just pre-ordered the new Radio Head album for £1.00. I don’t think the set-your-own-price scheme is going to work at scale.

This entry was posted by Eric on Tuesday, October 9th, 2007 at 10:07 am. It is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  • Ah, so I was "irrational". Which quite nicely highlights one fundamental problem with the strict neo-classical view...
  • martin
    It's good to see that my rudimentary view of economics still holds then. I had no problem going to the buy now with a, admittedly ridiculous, price of £.1.
  • Well, rational as in the neo-classical economics meaning of the word. Which, really, is said with a sprinkle of irony... (I read somewhere you can't pay less than £1.00, or can you? In which case £.1 is exactly 10 times more rational...)
  • martin
    Why is £1 more rational than £.1?
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