The Answer Is Transaction Costs

Dollar Hot Dogs, Coupons, and Bidding for Wallets

Michael Munger Season 1 Episode 8

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Last week's letter asked about the role of transaction costs in rationing discounted products, or "sales," like "Dollar Hotdog Night!" at the ballpark.  As the listener correctly pointed out, this relates to price discrimination, which is a great topic.

And....coupons!

Some additional links and info:


If you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com !


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