Tuesday, June 02, 2009

Segregation hurts white people too, sometimes

marjorie says...

A Wall Street Journal blog tells us that white fish shoppers at the Fulton Fish Market pay more than Asian fish shoppers.

Brandeis University economists in a 22-week study of fish purchasing patterns found that white buyers pay on average 5 to 10 cents per pound more for "whiting".

This is because white buyers don't drive as hard of a bargain as their Asian counterparts, maybe because the restaurants they supply have a higher profit margin on their fish products. And they tend to want to get in and out of the market more quickly.

And why, the blog asks at the end, could NY fish shoppers have gone so long without realizing this?

"Easy, the report says, they rarely mix with each other."

Classic.