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by rgovostes
809 days ago
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Senior discounts: When the median US senior citizen is significantly wealthier than younger adults, absolutely yes. https://www.cnbc.com/2023/10/28/americans-median-net-worth-b... France grants free museum admission to adults under 26, which strikes me as a better policy than charging the highest price to access cultural works to the people who (a) have the least earned wealth, (b) the least lifetime exposure to those things. |
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Same applies for theme parks, where the target audience is young adults and families with small kids.
I'm not defending any of this — just pointing out that price discrimination is sometimes about ATP, and sometimes about WTP.