Home Page
09.27.2005 (previous | next)
Evidence the Market Works

Awhile back I wrote about e-textbooks, welcoming them as a less expensive alternative to bound textbooks. There was a big backlash to the launch, with lots of folks upset at the DRM restrictions on the e-texts. I was baffled, as I figured that if the restrictions prevented sales, the publishers would relax them.

Well, it appears that's exactly what they've done. Among the original complaints: 1) If my computer crashes I'm out of a book. 2) I can only print a few pages. 3) The book "expires" after a few months and I no longer have it. Here's how most e-books are now being offered, according to a story in Oregon's Register-Guard: 1) The publisher will replace your e-book if your computer dies. 2) You can print as much as you want. 3) You get a lifetime license.

That's the market at work. The campus bookseller in the article says e-textbooks are selling, but not like wildfire. That's what I'd expect for a product that requires a mental shift like this. I still haven't made the full shift; I think I'd still want some old-fashioned textbooks, even though e-textbooks are priced less than used bound books. But this was never about replacing bound books, it was about introducing alternatives to the market.

posted by Patrick Ross @ 11:22 AM | Books

Link to this Entry | Printer-Friendly | Email a Comment | Post a Comment(0)









 
IPcentral WebLog

Blog Main

IPcentral Blogosphere Archives

Search the Blog

Recent Posts
  - IP and Marginal Cost
- Academics and Copyright
- More on Jammie Thomas from DOJ
- More Studies of Downloading
- Facebook, MySpace, and Network Externalities
- Copyright and the University: An Academic Symposium
- Tyler Cowan on Chinese Movie Piracy
- More WHO Antics--Roger Bate Reports
- Patents, Meds, and the Developing World: Clips & Links
- Jermaine Dupri's Gripe with iTunes
Archives by Month
  - December 2007
- November 2007
- October 2007
- September 2007
  - (see all)
Archives by Subject
  - Academia
- Access: Commons, Fair Use, Orphan Works, Public Domain
- Accounting
- Analog Holes
- Antitrust
- Art
- Aspen
- Big Tent
- Biotech
- Books
- Comments from Readers
- Counterfeit
- Digital Americas
- Digital Europe
- Digital Europe 2006
- DMCA
- DRM & Watermarks, etc.
- Economics, Game Theory & Public Choice
- Enforcement & Remedies
- Free Culture Movement
- Games
- General
- Infrastructure
- International
- Internet: P2P, Search Engines...
- Legislation and Legislators
- Liberty and IP
- Markets: Business, Investment & Innovation
- Media: Video, Music...
- Patents
- Pharma
- Physical Property
- Prices, Terms, and Licensing
- Privacy and Security
- Radio
- Software
- Spectrum & Wireless
- Standards
- Supreme Court
- Tax-Funded IP
- Telecom
- Theft of Service
- Universities
Links
 

Site Feed

  - Atom
- RSS 1.0
- RSS 2.0
We welcome comments by email - look for a link to the author's email address in the byline of each post. Please let us know if we may publish your remarks.


 
Home Page