User:Junqing WU/Tourist trap

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Tim Wu

Tourist Trap Model
In one shop, the cost of the souvenir is P + C If customer want to compare the price with another souvenir shop, the cost of the souvenir will become P + 2C

This model always used in the airport. In the airport, site layout limited the choice options of customers who want to buy the souvenirs, and security checkpoint or departure time increase the cost.

China
The Great Wall is appropriate place to establish the Tourist trap. When customers get through each peak, especially the Badaling, It is easy to accept the high price of the souvenirs, because customers try to commemorate they conquer The Great Wall even the price of the souvenirs is absurd.