Is the existing level of pricing justified at all ? I mean a $209 book does sound like it carries a huge margin.
The problem is that the average textbook sells a small run of copies, and doesn't benefit from economies of scale. Unfortunately, it seems that the professors and the publishers both like the current system, and the students have very little influence on the process. There are some solutions, but the incentives don't seem to be in place to encourage them. The best seems to be reducing the overall number of textbooks,…
WHAT??? for example, stewart's calculus book has been used for twenty+ years all over the english speaking world. you find me a ny times bestseller that has had that kind of run