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(Most seats are going for $10, compared with traditional prices of $50 and up).
But the experience of the music industry suggests that this won't last: once digital downloads of books become standard, it will be hard for publishers to keep charging traditional prices.
Washington fails to grasp that a return to traditional lending standards would precipitate a return to traditional prices, which are way below current levels.
Similar(56)
These assets are not normally included in traditional price indices; perhaps they should be.
Overpaid rail workers are one reason, but bureaucratic adherence to traditional pricing is another.
Talking of banking externalities, isn't that an application of traditional price theory?
One result is that the traditional price-performance gap between Apple and industry-standard Windows-based machines has closed dramatically.
The company's executives said their streamlined pricing could offer significant savings for large companies that in the past paid more under traditional pricing schemes.
Another group, composed of OPEC's traditional price hawks, increasingly needs high prices to finance a wide range of social and military policies.
Siebel said the acquisition would allow it to offer customers the option of interacting with companies through dynamic or traditional pricing.
According to this view, the giant firms compete not in price but in successful innovation, and this kind of competition has proved more effective for economic progress than the more traditional price competition.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com