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<blockquote data-quote="Arlough" data-source="post: 5372732" data-attributes="member: 79335"><p>The entire premise of the free market model that he is mentioning is founded on 4 base assumptions. Three that economists all teach, and one that they probably would all agree on, but that I think still needs to actually be stated and not implied.</p><p></p><p>Consumers are...</p><ol> <li data-xf-list-type="ol">Rational</li> <li data-xf-list-type="ol">Well informed</li> <li data-xf-list-type="ol">Self Maximizing</li> </ol><p>and the fourth assumption is that companies are as well.</p><p></p><p>I personally believe that the model falls apart, because the first three assumptions are incorrect, but doesn't completely collapse because the fourth assumption is also incorrect.</p><p></p><p>In this case, I believe that Hasbro is asking for short term (less than 5 year) profit maximization. This may work or it may drive people away. That really depends on luck, and how rational and self maximizing they are. Since there is no way, with the current model, for consumers to be well informed, we are really just playing the odds.</p><p></p><p>I, on the other hand, have decided to stick with 4e pre-Essentials, because I don't want to continue buying rules, I would rather spend my money on content. And since WotC is appears to be much more interested in selling rules over selling content, then I probably will not buy any more products from them once I get Psionic Power. That is my self maximization.</p></blockquote><p></p>
[QUOTE="Arlough, post: 5372732, member: 79335"] The entire premise of the free market model that he is mentioning is founded on 4 base assumptions. Three that economists all teach, and one that they probably would all agree on, but that I think still needs to actually be stated and not implied. Consumers are... [LIST=1] [*]Rational [*]Well informed [*]Self Maximizing [/LIST] and the fourth assumption is that companies are as well. I personally believe that the model falls apart, because the first three assumptions are incorrect, but doesn't completely collapse because the fourth assumption is also incorrect. In this case, I believe that Hasbro is asking for short term (less than 5 year) profit maximization. This may work or it may drive people away. That really depends on luck, and how rational and self maximizing they are. Since there is no way, with the current model, for consumers to be well informed, we are really just playing the odds. I, on the other hand, have decided to stick with 4e pre-Essentials, because I don't want to continue buying rules, I would rather spend my money on content. And since WotC is appears to be much more interested in selling rules over selling content, then I probably will not buy any more products from them once I get Psionic Power. That is my self maximization. [/QUOTE]
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