Comments on: MICRO-MICROECONOMICS http://markhasty.com/archives/2004/03/09/micro-microeconomics/ E AHO LA'ULA Tue, 06 Jan 2009 07:11:18 +0000 http://wordpress.org/?v=2.0.2 by: Jim Roberts-Miller http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-424 Tue, 30 Nov 1999 00:00:00 +0000 http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-424 Good deal. Selling the 4 bags of unused books gets you a lot more utility than keeping them, from your description. Its only a bad deal if you think there was some other way to get more money value, like selling them on Ebay or something. Or conceivably you could have gotten a lot of good feelings by giving them away to someone or some place. Good deal. Selling the 4 bags of unused books gets you a lot more utility than keeping them, from your description.

Its only a bad deal if you think there was some other way to get more money value, like selling them on Ebay or something.

Or conceivably you could have gotten a lot of good feelings by giving them away to someone or some place.

]]> by: Vidiot http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-425 Tue, 30 Nov 1999 00:00:00 +0000 http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-425 Books' value is rarely measured in financial terms, and it often rises through potentiality; the value of an average unread book can be higher, I find, than an average already-devoured one. You get the delicious anticipation of a pile of new reading. And since you've bought them used and with trade-in of books that you no longer have use for, if they're not as good as you'd hoped, you can stop reading it with very little downside. And if at least one of the new acquisitions ends up being a real keeper, then you've won big. Books’ value is rarely measured in financial terms, and it often rises through potentiality; the value of an average unread book can be higher, I find, than an average already-devoured one. You get the delicious anticipation of a pile of new reading. And since you’ve bought them used and with trade-in of books that you no longer have use for, if they’re not as good as you’d hoped, you can stop reading it with very little downside. And if at least one of the new acquisitions ends up being a real keeper, then you’ve won big.

]]> by: Dave http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-426 Tue, 30 Nov 1999 00:00:00 +0000 http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-426 Even if he could have gotten more for them on eBay and possibly gotten the books he bought for less, there is something positive about the experience of being able to leaf through books before you buy them. I generally won't buy a book by an author I don't know unless I've had a chance to read the first chapter. Plus, bumming around Madison is fun. Even if he could have gotten more for them on eBay and possibly gotten the books he bought for less, there is something positive about the experience of being able to leaf through books before you buy them. I generally won’t buy a book by an author I don’t know unless I’ve had a chance to read the first chapter.

Plus, bumming around Madison is fun.

]]> by: Liz http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-427 Tue, 30 Nov 1999 00:00:00 +0000 http://markhasty.com/archives/2004/03/09/micro-microeconomics/#comment-427 As the former owner of a used book store, I can tell you that the bookstore owner got the better deal financially. He or she would not have traded otherwise. But that doesn't mean you got shafted. If you traded books you didn't want for books that you do want, you came out with more than you took in. Your only concern then is whether you got as much as you could have. Book buying is a pretty cut-and-dried affair: bookstore owners typically offer one-quarter to one-third what they think they can sell the book for (they have overhead, after all). So you probably wouldn't have done significantly better at any other general used bookstore. Bottom line, IMHO, if you don't think you'll want to keep the book permanently, check it out of the library. As the former owner of a used book store, I can tell you that the bookstore owner got the better deal financially. He or she would not have traded otherwise. But that doesn’t mean you got shafted. If you traded books you didn’t want for books that you do want, you came out with more than you took in. Your only concern then is whether you got as much as you could have. Book buying is a pretty cut-and-dried affair: bookstore owners typically offer one-quarter to one-third what they think they can sell the book for (they have overhead, after all). So you probably wouldn’t have done significantly better at any other general used bookstore. Bottom line, IMHO, if you don’t think you’ll want to keep the book permanently, check it out of the library.

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