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6 comments
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April 22, 2013 at 1:05 pm
David
Aside from confusing the demand and the supply side, it seems several other parts are wrong. First off, how can you “re-sell” something that they didn’t sell you in the first place? Even granting that, it’s totally for resale. For instance, I bet that woman carting a box of textbooks down our hallway last week would have probably given you $30+ for it.
April 22, 2013 at 1:46 pm
Evan
There is another undergrad micro textbook that provides incentives for sending them back – they will donate $1 to charity for every book returned.
Hopefully that book has a good coverage of transaction costs…
April 22, 2013 at 2:59 pm
Osama Rahman (@TheBigOz)
The ISBN pretty much gives the authors away!
April 23, 2013 at 12:00 am
Enrique
Textbooks … the biggest scam in academia
April 25, 2013 at 5:58 am
The Weakonomist
Goolsbee, Levitt, Syverson. Surely Levitt would explain it, but even economists must sell their souls to the publishers.
April 26, 2013 at 3:12 pm
whatsthat
but I thought people understood supply and demand.
Otherwise what are we doing?