Questions tagged [artificial-scarcity]

Artificial scarcity is the scarcity of items that exists even though either the technology for production or the sharing capacity exists to create a theoretically limitless or at least greater quantity of production than currently exists.

Filter by
Sorted by
Tagged with
-4
votes
2answers
54 views

Is there a qualitative difference between the rent derived from a supply fixed by nature and single supplier required to supply a fixed quantity?

The assumption are that supply is absolutely and permanently fixed at q average and marginal costs are zero demand always exceeds supply (P ≥ 0) The graph should look the same in both cases: a ...
1
vote
7answers
1k views

Piracy/File sharing - Why aren't songs, movies or ebooks given for free (+ads) like TV?

Question: Why aren't songs, movies or ebooks given for free (+ads) like TV? i. Sub-question Every minute, people are pirating and there is no stopping that. If people see 0.99 for a song on iTunes ...