f a i t h * i n * f i c t i o n: The Danger of Used Books?

f a i t h * i n * f i c t i o n

Thursday, July 28, 2005

The Danger of Used Books?

The NYTimes runs a short article looking at some research that says the used book market online may not be quite as damaging to new books and authors' royalties as many worry.

This is an interesting thought that makes sense on the surface: "When used books are substituted for new ones, the seller faces competition from the secondhand market, reducing the price it can set for new books. But there's another effect: the presence of a market for used books makes consumers more willing to buy new books, because they can easily dispose of them later."