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Old 09-23-2007, 02:16 PM
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Default Scarcity, Real, Artificial, and Imagined

Posted By: peter chao

David C.,

The interesting thing about artificial scarcity is that it can be caused by either the manufacturer or the buyer. The manufacturer can say we are going to reduce the supply by dumping cases of high numbers into the ocean. The buyer can say I've inherited $50 million, I'm going to buy $25 million worth of T206s. By doing this the number of cards in the market is sharply reduced thus increasing the prices for the remaining cards on the market.

Peter C.

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