A random walk through economics, politics, teaching, and learning...
Saturday, July 19, 2008
Prostitution and Price
Here we have an example of price differences by nationality of prostitute. There are many things that could explain the lower prices received by Malay girls. Anything from preferences of Johns, to supply of prostitutes. Malay prostitutes might be more likely to have a STD so the lower price reflects a discount due to risk of disease for the John.