What Was That Economics Term?
Seen while shopping around for a new vacuum cleaner:
![](data:image/svg+xml;charset=utf-8,<svg height="600px" width="450px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
For some reason, I can’t remember the economics term used to describe the fall in value of certain types of goods after a specific date. If you know, could you refresh my memory in the comments?
(Also: $185 is a lot to ask for a mangy-looking tree.)
And no, the term I’m looking for isn’t “SALE”, as my smart-ass schoolmate William Merlet suggested on Facebook.
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Panic.
That might not be the actual technical term.
Fire sale?
Zune? Vista?
Peak pricing?
http://www.economist.com/research/economics/alphabetic.cfm?letter=P#peakpricing
Utter is close; what you have described in the post is really off-peak pricing; the downward trajectory of the fee as the commodity slips down the demand schedule.
Inflection point would also work, since Christmas is the transition point between the pre-Christmas increased marginal value, and post-Christmas decreased value.
in the airline industry yield management is responsible for a lot of the different pricing you can see over time. One of the elements of yield management is the perishability of the good. (that is they become value-less after a certain time period). [in the airline case, seats can't be sold after the plane leaves]
so i would guess 'perishable' is close to what you're looking for.
http://www.snpp.com/episodes/2F14.html
Broker: Homer, you knuckle-beak, I told you a hundred times: you've got to sell your pumpkin futures before Hallowe'en! Before!
Homer: All right, let's not panic: I'll make the money back by selling one of my livers. I can get by with one.
Depreciation