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Re:Alchian–Allen effect by silvester23 on Tuesday November 13, 2018 @11:49AM (#18442419)
That's completely independent from an increase in price though, isn't it?
Re:Alchian–Allen effect by amelius on Tuesday November 13, 2018 @12:29PM (#18442778)
I wasn't clear. I suspect that under certain conditions (price, relative quality etc), and at a certain increase of price, people will switch to the cheaper product because the quality difference isn't that much.
Re:Alchian–Allen effect by cbsmith on Wednesday November 14, 2018 @11:21PM (#18456834)
That's not inconsistent with the effect.