Under some conditions of course :

"Through a series of mathematical equations, the pair reasoned that if the console manufacturers were to eliminate used game sales, this would cause an overall drop in profits of around 10 percent.

This is due to the fact that consumers take into account the eventual resale value of the games that they purchase, and removing the ability to resell games would cause some consumers to simply buy less games.

However, the report suggested that if the console manufacturers were to eliminate used game sales, and simultaneously lower the average price of video games by around 33 percent, they could potentially see their average profits per game jump by 18.6 percent."

source : http://www.gamasutra.com/view/news/193202/No_used_games_means_lower_profits_for_game_makers_Unless.php

Wishful thinking

"lower the average price of video games by around 33 percent"

LMAO.

I wonder how they found what percentage of gamers actually care about reselling their games.

I bet they generalized all gamers in their maths = bad maths!

That's already kind of how Steam works

They will do the first part, but they would burn the whole industry to the ground before doing the second part.

Like when CDs were supposed to make games cheaper

Honestly... take used games away... Lower the price by 33% and I'm down.

Not gonna happen

That's what I do too.  Games around here cost up to US$100, so selling old games is even more important here.