Sure, I agree that reselling will become less and less important as supply increases – presumably the prices of PS5s on eBay will fall as supply increases, until it’s close enough to the RRP that reselling is no longer profitable.
In fact, my argument above depends, among other things, on demand increasing much more slowly than supply.
What I’m interested in here is whether, given the current (temporary) shortage, these kinds of reselling practices are actually (temporarily) harmful.
(Insofar as upgrading your gaming console later than you wanted is harmful.)
Sure, I agree that reselling will become less and less important as supply increases – presumably the prices of PS5s on eBay will fall as supply increases, until it’s close enough to the RRP that reselling is no longer profitable.
In fact, my argument above depends, among other things, on demand increasing much more slowly than supply.
What I’m interested in here is whether, given the current (temporary) shortage, these kinds of reselling practices are actually (temporarily) harmful.
(Insofar as upgrading your gaming console later than you wanted is harmful.)