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I am skeptical that the publisher is going to set the price in 1995 taking into consideration how much it will sell for on ebay in 2023.
If you were totally unable to transfer ownership would that really not reduce your belief in the value of a game at least on the margin? If it took zero extra effort for me to get a version of a game on steam that was able to be resold over one that wasn't I'd definitely take the transferable one, I'd probably pay some increased amount for it.
Basing one's price based on the possibility that someone will invent a whole new way of selling in a couple of years is like setting a price now based on the possibility that it might get bought by space aliens in 2051.
Also, copyright extensions aren't accompanied by price changes.
huh? This was not present in the hypothetical.
Technically true since ebay started in 1995, but it certainly wasn't important enough soon enough that anyone would take it into account.
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