Originally Posted by raymor

Intuitively, it seems like lower prices might reduce theft. Fortunately we don't have to rely on what seems like a reasonable guess because we have actual facts that answer that question.
Music is ONE DOLLAR and still it's stolen more often than anything else. That, to me, pretty much answers the pricing question. What really happens is that even a price of one measily dollar doesn't reduce theft, so that guess was wrong, even though it seemed like a reasonable guess.