Live data from Hacker News

The thrill of the bargain hunt at unclaimed baggage

washingtonpost.com

11–20 of 72 posts

Re: The thrill of the bargain hunt at unclaimed baggage

#11
post #9
post #8

Earlier quoted context omitted.

Yes, indeed, fortunately if you actually read even the first line of the article you'd understand that this isn't talking about theft.

right, not theft, just the seemingly legitimate sale of items whose rightful owner is unknown. if you think this isn't used as an opportunity for fencing stolen items, you're deluding yourself.

Do you have evidence of this single named company engaging in stolen items? Or just felt like throwing out accusations?

Re: The thrill of the bargain hunt at unclaimed baggage

#12
post #9
post #8

Earlier quoted context omitted.

Yes, indeed, fortunately if you actually read even the first line of the article you'd understand that this isn't talking about theft.

right, not theft, just the seemingly legitimate sale of items whose rightful owner is unknown. if you think this isn't used as an opportunity for fencing stolen items, you're deluding yourself.

Please don't imbue your assumptions about legitimate business models without providing proof. The guidelines here are to make the effort to maximally be charitable in our interpretations.

Re: The thrill of the bargain hunt at unclaimed baggage

#15
post #8
post #5

theft == bargain There are other places to purchase cheap stolen goods, too. But they're not backed by DHS . . .

Yes, indeed, fortunately if you actually read even the first line of the article you'd understand that this isn't talking about theft.

I think OP is right but hasn't fully unrolled what they mean. This seems like it creates a moral hazard [1], because it reduces the penalty to airlines for losing luggage.

If airlines were prepared to accept X in costs from lost luggage before, and now get paid Y, they can now accept about X+Y in lost luggage costs. Meaning more lost luggage! After the system dynamics resettle, from a certain angle this is basically stealing: customers pay the same ticket price, but are paying some percentage more in expected lost luggage.

And on top of that, this is just considering the financial cost - what is actually happening is that more travelers are being deprived of their personal belongings. These are worth more to people than insurance payouts! It's surprising, but when you zoom out this seems downright awful.

[1]: https://en.wikipedia.org/wiki/Moral_hazard

Re: The thrill of the bargain hunt at unclaimed baggage

#16
post #9

Earlier quoted context omitted.

right, not theft, just the seemingly legitimate sale of items whose rightful owner is unknown. if you think this isn't used as an opportunity for fencing stolen items, you're deluding yourself.

Please don't imbue your assumptions about legitimate business models without providing proof. The guidelines here are to make the effort to maximally be charitable in our interpretations.

I mean you only have to ask yourself the first logical question about how any of this pays for itself to realize that it’s ethically questionable at best, so…

Re: The thrill of the bargain hunt at unclaimed baggage

#18

https://archive.is/Fks7M

infinite captcha loop on ios safari maybe its icloud+’s vpn relay thing

Yeah archive.* doesn't like DNS not telling it roughly where you are.

Avoid Cloudflare DNS, but other may also do the same thing.

Re: The thrill of the bargain hunt at unclaimed baggage

#19
post #15
post #8

Earlier quoted context omitted.

Yes, indeed, fortunately if you actually read even the first line of the article you'd understand that this isn't talking about theft.

I think OP is right but hasn't fully unrolled what they mean. This seems like it creates a moral hazard [1], because it reduces the penalty to airlines for losing luggage. If airlines were prepared to accept X in costs from lost luggage before, and now get paid Y, they can now accept about X+Y in lost luggage costs. Meaning more lost luggage! After the system dynamics resettle, from a certain angle this is basically…

I mean… the grocery store can make more money by double scanning an item I purchase, or McDonald’s can skim some money by giving everyone one less pickle. At some point the service quality has to be intrinsically motivated by the company wanting to preserve their brand, right? How much could they make off stolen luggage that they’d legitimately lose more on purpose? Surely the payout they have to make of losing luggage both monetarily and indirectly through brand devaluation is greater than the amount of money they’d make selling the luggage?

Re: The thrill of the bargain hunt at unclaimed baggage

#20
post #19
post #15

Earlier quoted context omitted.

I think OP is right but hasn't fully unrolled what they mean. This seems like it creates a moral hazard [1], because it reduces the penalty to airlines for losing luggage. If airlines were prepared to accept X in costs from lost luggage before, and now get paid Y, they can now accept about X+Y in lost luggage costs. Meaning more lost luggage! After the system dynamics resettle, from a certain angle this is basically…

I mean… the grocery store can make more money by double scanning an item I purchase, or McDonald’s can skim some money by giving everyone one less pickle. At some point the service quality has to be intrinsically motivated by the company wanting to preserve their brand, right? How much could they make off stolen luggage that they’d legitimately lose more on purpose? Surely the payout they have to make of losing lugga…

I agree in the abstract, but people and companies operate under bounded rationality. Customers can't easily price the expectation of lost luggage. Companies are made of subunits with independent budgets, each optimizing for incentives with short time horizons.

McDonald's is actually a good example, they did exactly this. IMO one reason their brand has been devalued is death by a thousand cost cuts. Each cut is imperceptible and seems like a win. But over several decades the net effect is a disaster. (IIRC Fast Food Nation documented some ideas about this process)

Post reply on HN