Thursday, June 22, 2023

Professor Price Discrimination

Tourism provides ample opportunities to engage in price discrimination. This one is new to me. By virtue of being a professor, I saved 5 euros on admission to this venue. Now, I would like to think that the idea is to honor the learning and erudition of those who are academically inclined. But the economist in me knows it is because professors are cheap.

1 comment:

  1. You've never seen a teacher discount? You should pay closer attention. They are all over the place. Even on plane tickets. I'd guess about half the time if a place has a student discount, they will also have a teacher discount. A thrifty professor keeps their ID on them at all times!