61–70 of 259 posts
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Better that you stick to promoting D instead of defending price gouging.
The inevitable result of government setting prices is some combination of: 1. shortages 2. gluts 3. black markets It doesn't matter what your or my opinion on it is, any more than having an opinion on F=ma. The Law of Supply and Demand is always in play. There are thousands of years of history on this.
That shit is evil
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> It’s unclear to me why transportation demand pricing is allowed but not delivery. I don't think it should be allowed. It's predatory. It allows a company like Uber and Lyft to see things like "Oh, you are going to a hospital, then I'm going to apply a 10% surcharge because you are probably desperate". It also works against the drivers. Uber/Lyft see things like "This person is logged on for 8 hours, they are desper…
Why shouldn’t a company be allowed to price the product differently? For an airline, booking a flight 6 months out, 6 days out, or 6 hours out are different situations. For Uber/Lyft, booking a ride into the middle of nowhere carries a cost for the driver that isn’t present when booking a ride to the airport. A flat fee per mile doesn’t make sense. A flat fee per seat doesn’t make sense. Grocery stores already price…
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If by this you mean that standard supply-demand economics can't model price discrimination, which is what's going on here, that's not correct. See, for example, Chapter 10 of David Friedman's Price Theory , where he models price discrimination using supply and demand curves just fine. In terms of this kind of analysis, price discrimination is a way for sellers to try to transfer as much as possible of what would othe…
And the buyer tries to pay as little as possible. Negotiating is a skill well worth learning (lots of books on it).
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And the buyer tries to pay as little as possible. Negotiating is a skill well worth learning (lots of books on it).
This discussion is perverse. Negotiations require leverage, which the average grocery buyer in the USA does not have. As a society we don't benefit from min-maxing absolutely every opportunity.
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The inevitable result of government setting prices is some combination of: 1. shortages 2. gluts 3. black markets It doesn't matter what your or my opinion on it is, any more than having an opinion on F=ma. The Law of Supply and Demand is always in play. There are thousands of years of history on this.
Somehow we did just fine without real-time per-customer price discrimination.
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You're thinking of pricing zones—shoppers in Zone A pay a different price than those in Zone B. This makes sense, for example, if shipping costs are higher in Zone B. The bill in question is about per-shopper pricing (e.g, you and I pay different prices in the same store). This is something Lyft and Uber do, but it's not really possible in retail.
> This is something Lyft and Uber do, but it's not really possible in retail. It is possible for retail. For example, you can simply not display the price. You can display a price range. You can use EInk displays which auto-update based on who's approaching the item. And of course it's infinitely possible in an online store. One example of how this is being employed is McDonalds trying to push everyone to use the app…
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Why shouldn’t a company be allowed to price the product differently? For an airline, booking a flight 6 months out, 6 days out, or 6 hours out are different situations. For Uber/Lyft, booking a ride into the middle of nowhere carries a cost for the driver that isn’t present when booking a ride to the airport. A flat fee per mile doesn’t make sense. A flat fee per seat doesn’t make sense. Grocery stores already price…
That's one thing, but charging two people for the same route differently is what the parent comment was getting at, and I agree with them.
The end goal must be to emulate US healthcare where nobody knows what things cost and you find out only months or years after buying.
It's a fundamental shift from:
"I sell this product for the cheapest price possible and I make everything possible in my business to be cost effective and buy from more cost effective businesses."
TO
"I don't care about cost-effectiveness. I just try to find out how to get the most money out of my customers."
I'd like to see fair pricing for airlines tickets too.
use a VPN, like Bulgaria is usually good. everything is on sale if you are Bulgarian (most of the time). you may have to text back Yes your credit card company when you get a fraud alert text - that’s about the only inconvenience. just bought US-EU return ticket for June - 22% lower than lowest price I’ve seen “from US” in the last month