It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
> If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. [citation needed] Audible (part of Amazon) started billing me silently for a subscription I did not use, for several years, after I had used a free trial. When I discovered it and canceled the subscription, I could see how around the time the free trial was converted to a running paid subscription, they…
Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
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Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#402It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#403It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
I rent cars from a rental company that seems to have a pricing mistake and the prices are $0 for a week's car rental. Sometimes at busy periods, the price goes up to $0.25. I've been doing it for 3 years now, and every time the member of staff at the desk looks at the price and goes "whoa - that's a good deal!". There's no fake names, hacking, or free trials involved - anyone can get the deal by clicking the right bu…
The difference is that it is not an obvious error, but a strategy.
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#404Earlier quoted context omitted.
> The court ruled that a sales contract is not binding if the buyer can reasonably suspect that the price shown is so absurdly low that an error on the side of the seller is apparent. How can you prove something like that in court in this camera case? For example, let's say you were just getting into photography and were window shopping by browsing around Amazon's site. You run into a camera that has a 4.7 average ra…
>How can you prove something like that in court in this camera case? Go look at the screenshots in the article it shows the prime savings at checkout: >Prime Savings -$1,204.52 That is a pretty clear indication that "wow, this is astronomically discounted" which should reasonably clue any adult with their full mental faculties in to "something strange is going on here".
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#405I got in on this! I got a Sony A7R II and a 24-70 2.8 II I'd always wanted but could never justify the purchase of. ($~3k value for $200) A few observations: - Despite the extraordinary deal we got, my friends (who also made a purchase) and I all have our joy offset by a feeling of regret that we didn't order more. Greed! - Despite the fact that I couldn't justify the purchase before I owned them, I now definitely do…
Damn! I got the A6000 for $100, but I wish I got the A7R instead :( I guess that falls under observation 1
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#406Earlier quoted context omitted.
I own the stock and can sell it for $2000. If the value of the stock drops to $0 and I can no longer get $2000 for the stock, it would be no different than me losing $2000 cash
If I have $0.50 cash and someone reaches into my wallet and takes it, is that any different to if I've got a lottery ticket with an expected value of $0.50, and the draw occurs and its value drops to $0 when it doesn't win? Some would say that in the first case it's morally wrong to steal my cash, whereas in the latter case I consented to the risk of my ticket losing when I purchased it; and therefore performing a lo…
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#407It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
> If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. Of course, and they do it out of self-interest. On one hand, 495 dollars are not worth losing a client for life. More importantly, it is not in their interest to scare people away from using their service. The story could spread and cause significant damage to their reputation. > On the other hand, if th…
Disagree. Amazon are forced and obligated to use legal tax avoidance strategies to be competitive and to fulfill their fiduciary duty.
You might say that tax avoidance isn't in the spirit of the law but then why don't lawmakers implement mitigations for it? Because they don't want to, they want to preserve the possibility of tax avoidance to appease corporations. So to me that means that tax avoidance actually is in the spirit of the law as it stands currently.
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#408It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#409Amazon would be within their rights to refuse to honor such purchases. I also don't think it's ethical to take advantage of such mistakes. What if it was you who accidentally listed your house for $60,000 rather than $600,000? What if you accidentally included an extra 0 on the check you wrote?
I really don't understand the morality of an average HN user. There was a post a few days ago about Spotifree (which mutes your ads), and everyone took it as a personal offense, every possible negative word was said about the person who made it, and the people that use it are lowlives who don't deserve anything in life if they won't cough up $10. But now when it's Amazon losing thousands of dollars per product, it's…
Re: Amazon Accidentally Sold $13k Camera Gear for $100 on Prime Day
#410It’s kind of interesting- the asymmetry of moral expectations and entitlement. If you accidentally purchased a bag of M&Ms from Amazon for 500 dollars instead of 5, they will let you undo it. On the other hand, if the matter is reversed, Amazon is expected to be a good sport and take the loss — even if the purchase was made in bad faith (ie- knowing Amazon mis-priced it but purchasing it anyways.) I’m not going to en…
The relative value of $500 for an individual is orders of magnitude higher than $13k for Amazon.