Having just finished reading the comments on King, I think most of you overlooked the main point: By setting up a 75% quota, King simply extracts additional money out of his loyal fans. Almost a textbook-like example of price-discrimination(=capturing consumer surplus), with the added beauty of honest users baring all the relevant information themselves. Think about it- not only does King more or less directly encourage fans to send more than $1 per installment, he even describes the Plant as an experiment- wonder what his reasons are, curiosity, greed or a clever way of getting his publisher some information for the customer-database.
Slashdot Mirror
Having just finished reading the comments on King, I think most of you overlooked the main point: By setting up a 75% quota, King simply extracts additional money out of his loyal fans. Almost a textbook-like example of price-discrimination(=capturing consumer surplus), with the added beauty of honest users baring all the relevant information themselves. Think about it- not only does King more or less directly encourage fans to send more than $1 per installment, he even describes the Plant as an experiment- wonder what his reasons are, curiosity, greed or a clever way of getting his publisher some information for the customer-database.