- Feb 5, 2011
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I see a lot of conjecture in threads about whether used games on consoles are good or bad and in which ways.
Well, Wired can quiet a lot of the incorrect arguments for or against:
http://www.wired.com/gamelife/2013/05/nyu-used-games-study/
My favorite quote is this one, because I have hated reading people argue this obviously incorrect point:
The crux is: Used games prices (and this goes for most products, obviously) help prop up the prices of a new product. A seller can't expect that removing the used market means all those potential buyers are now buying new.
Well, Wired can quiet a lot of the incorrect arguments for or against:
http://www.wired.com/gamelife/2013/05/nyu-used-games-study/
If the marketplace of used videogames were to disappear, game publishers would see their profits decline unless they massively lowered game prices.
...
We find that the optimal price would be on average about 33% lower than the current price level, if the used game market were eliminated, said Ishihara in an email. So roughly speaking, in the US, game prices should go down to about $40.
My favorite quote is this one, because I have hated reading people argue this obviously incorrect point:
At any rate, the study is certainly compelling evidence against the belief that the sale of a used game constitutes a lost sale for the publisher
The crux is: Used games prices (and this goes for most products, obviously) help prop up the prices of a new product. A seller can't expect that removing the used market means all those potential buyers are now buying new.
