NBC's Streaming Service 'Peacock' Launching in July With Three Subscription Tiers

[jlc1978]

Not really. Buying doesn’t make economical sense. That’s sort of like if the OP was complaining about vacation car rentals and you said “just buy one it’s a matter of personal preference”. It’s just not the same thing.

Doesn't make sense for you; but someone else may put a different value on buying vs streaming. Econoomic value is all about the perceived value for the buyer. As for a car rental, that represents a significant cost difference in buying vs renting, and irrelevant to my point.

 

[MacClueless]

Doesn't make sense for you; but someone else may put a different value on buying vs streaming. Econoomic value is all about the perceived value for the buyer. As for a car rental, that represents a significant cost difference in buying vs renting, and irrelevant to my point.

No, it’s not really perceived value. It’s a little more objective than that with thing that has no re-sale value.

 

[jlc1978]

No, it’s not really perceived value. It’s a little more objective than that with thing that has no re-sale value.

I am not sure what your point is.

The value of anything is what an individual perceives it to be based on the utility they receive from it; and it can and generally does from person to person. Someone who watches a movie once may perceive streaming to being of greater value than buying; someone who wants to have portability and the ability to watch whenever they want and not have that go away if a license is not renewed may prefer purchasing over streaming. The costs may even be similar when you factor in the need for a high speed connection to stream vs playing a disk.

There is no right or wrong answer,; just individual decisions on what value they attach to a good.

 

[MacClueless]

How can something you can’t sell or transfer have any value at all?

 

[jlc1978]

How can something you can’t sell or transfer have any value at all?

The utilty you get from it has value. What makes watching a movie have the value of the ticket? Going to a zoo? Value is not just in tangible goods, but in what you get from its use; and the value is what you are willing to pay for that use; whether it is in money or time, or both.

 

[MacClueless]

So I think where you’re getting mixed up is the difference between you “valuing” something, meaning you appreciate it, and it having “value”, which means you can sell or trade it?

 

[cmaier]

How can something you can’t sell or transfer have any value at all?

I can’t sell my heart, and transferring it would have seriously adverse consequences, but it has value to me.

 

[jlc1978]

So I think where you’re getting mixed up is the difference between you “valuing” something, meaning you appreciate it, and it having “value”, which means you can sell or trade it?

Not really. Value is separate from the ability sell or trade something. Something's value is simply what someone is willing to pay for it; in time or money. Everything has value, which may differ for different people for the same thing.