Eric Crampton • Feb 28, 2015 •
Why is The Economist more expensive in New Zealand?The simple answer is price discrimination. If readers in New Zealand are willing to pay more for subscriptions to The Economist than are readers in Canada, then prices will vary across markets – unless there is a way for consumers in the cheaper market to on-sell to those in the pricier markets, … Read More
Eric Crampton • Feb 05, 2015 •
The Economist likes to compare currencies' purchasing power by checking the price of a Big Mac. As of January 2015, the New Zealand dollar was slightly undervalued: a Big Mac here cost US$4.49 at going exchange rates while it cost $4.79 in the US. So t... Read More
Eric Crampton • Jul 09, 2013 •
New Zealand is considering reducing the duration of the ban on the parallel import of DVDs. It should reduce it to zero. Why? The ban could have made sense in a world of physical film distribution; we are rapidly moving away from that world. Backgroun... Read More
agnitio • Mar 30, 2013 •
Duncan Garner has posed the question of whether we should charge tourists more to use DOC trails to save the 100 Kiwi jobs the government is cutting at DOC Should we charge tourists more to walk our DOC tracks and use our huts to save 100 kiwi jobs? Is this a shortsighted Govt? @radiolivenz 3pm [...] … Read More
Matt Nolan • Sep 17, 2012 •
I see via Stuff that women have to pay more for haircuts. This is true – in fact there are a number of service related areas where the woman’s version of that service costs more than the man’s version. Undeniably, we are seeing price discrimination at work. Now I’m not terribly against price discrimination – [...] … Read More