Linked by Thom Holwerda on Fri 24th May 2013 17:26 UTC
Games So, the Xbox One disaster continues. Microsoft's policy for dealing with the used games market has reportedly leaked - and it's a clear and direct attack to destroy the used games market. Prices for used games will be set at the retail value of a new game, and retailers have to hook into Microsoft's computer systems and comply with Microsoft's terms and conditions.
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CaptainN-
Member since:
2005-07-07

My point above is that a used games market that is already pinned against retail prices hasn't lead to any downward pressure on prices (at least where I live). If your real world experience (not your philosophy or theory) is different, I'd love to hear about it, but for me there is not a substantial benefit to the existence of a used games market, only a mild benefit.

There are two kinds of economic theory taught in higher education, what they teach in the philosophy department (economics), and what they teach in business school (how to generate demand, and the perception of value, amongst other things). The one about "market forces" is taught in the philosophy department. The other one runs the world, and doesn't care about any laws of supply and demand that they don't write.

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