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Why popcorn costs so much at the movies: and other pricing puzzles

By: McKenzie, Richard B.
Material type: materialTypeLabelBookPublisher: New York Copernicus Books 2008; Germany Springer Science + Business Media 2008Description: xv, 326 p.ISBN: 9780387769998.Subject(s): Prices - United States | Pricing - United States | Cost and standard of living - United States | United States - Economic conditions - 2001Summary: Why Popcorn Costs So Much at the Movies, And Other Pricing Puzzles unravels the pricing mysteries we encounter every day. Have you ever wondered why all movies, whether blockbusters or duds, have the same ticket prices?. Why sometimes there are free lunches?. Why so many prices end with "9"?. Why ink cartridges can cost as much as printers?. Why merchants offer sales, coupons, and rebates?. Why long lines are good for shoppers? Why men earn more than women, around the globe and why they always will? Richard McKenzie goes on to show how the 9/11 terrorists still kill Americans every day, because their attack distorted the perceived risks and relative prices of air vs. automobile travel, and jacked up both security costs and flight delays. Professor McKenzie also explores the unintended consequences of well-meaning efforts to spur the use of environmentally friendly fuels: starvation among millions of people around the world, and the destruction of rainforest in Malaysia and Indonesia.How can these things be? If you think you know the answers, think again. Why Popcorn Costs So Much at the Movies, And Other Pricing Puzzles shows you that the real reasons are sophisticated and surprising and in Professor McKenzie hands, both informative and entertaining.
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Books Vikram Sarabhai Library
Slot 917 (0 Floor, East Wing) 338.520973 M2W4 (Browse shelf) Available 165982

Why Popcorn Costs So Much at the Movies, And Other Pricing Puzzles unravels the pricing mysteries we encounter every day. Have you ever wondered why all movies, whether blockbusters or duds, have the same ticket prices?. Why sometimes there are free lunches?. Why so many prices end with "9"?. Why ink cartridges can cost as much as printers?. Why merchants offer sales, coupons, and rebates?. Why long lines are good for shoppers? Why men earn more than women, around the globe and why they always will? Richard McKenzie goes on to show how the 9/11 terrorists still kill Americans every day, because their attack distorted the perceived risks and relative prices of air vs. automobile travel, and jacked up both security costs and flight delays. Professor McKenzie also explores the unintended consequences of well-meaning efforts to spur the use of environmentally friendly fuels: starvation among millions of people around the world, and the destruction of rainforest in Malaysia and Indonesia.How can these things be? If you think you know the answers, think again. Why Popcorn Costs So Much at the Movies, And Other Pricing Puzzles shows you that the real reasons are sophisticated and surprising and in Professor McKenzie hands, both informative and entertaining.

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