Economics of Duty Free Shops

Just re-watched Seinfeld’s The Airport episode;

Kramer: If anything, we'll probably get there early. I'll have a chance to
go to the Duty Free shop.
George: The Duty Free Shop? Duty Free is the biggest sucker deal in retail.
Do you know how much duty is?
Kramer: Duty.
George: Yeah, "duty". Do you know how much duty is?
Kramer: No, I dunno how much duty is.
George: Duty is *nothing*. It's like sales tax...
Kramer: I still like to stop at the duty free shop.
George: I like to stop at the duty free shop.

Related;
Seinfeld Classic Kramer & George – clip from The Airport
The Economics of Duty-Free Shopping
Duty Free at Baghdad International Airport
A Dilemma for Duty Free Shops

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This page contains a single entry by Paul published on September 10, 2006 3:16 PM.

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