🆕 blog! “Why does no-one discuss negative dynamic pricing?”
Much hullabaloo about Oasis using "Dynamic Pricing" for their concerts. There are far more fans than there are tickets, so prices rise. There are all sorts of complicated economic theories around how efficient markets can be, and whether "reverse Dutch auctions" are sensible. But the end result is always the same - …
👀 Read more: https://shkspr.mobi/blog/2024/09/why-does-no-one-discuss-negative-dynamic-pricing/
⸻
#economics
Terence Eden /
npub1lh…aa5ll
2024-09-12 11:35:03
Author Public Key
npub1lh05slh2nk6h5m3jp7qwtjmrmegtah6nj626g8qdg3a7ds3kg0ss9aa5llSeen on
wss://relay.mostr.pubPublished at
2024-09-12 11:35:03Event JSON
{
"id": "a91218cfc9279fa5002705618221825bd823b0c9801f22e84a350df0642e763b",
"pubkey": "fddf487eea9db57a6e320f80e5cb63de50bedf539695a41c0d447be6c23643e1",
"created_at": 1726140903,
"kind": 1,
"tags": [
[
"t",
"economics"
],
[
"proxy",
"https://mastodon.social/users/Edent/statuses/113124370266995659",
"activitypub"
]
],
"content": "🆕 blog! “Why does no-one discuss negative dynamic pricing?”\n\nMuch hullabaloo about Oasis using \"Dynamic Pricing\" for their concerts. There are far more fans than there are tickets, so prices rise. There are all sorts of complicated economic theories around how efficient markets can be, and whether \"reverse Dutch auctions\" are sensible. But the end result is always the same - …\n\n👀 Read more: https://shkspr.mobi/blog/2024/09/why-does-no-one-discuss-negative-dynamic-pricing/\n⸻\n#economics",
"sig": "663e5051ff660881c1b5a6141902e7c0d98cc371f4f410344335082e5e0726564e7720aa4d80ad033bd8246d7b039a81bd9581f5df86d4c2c2aa47b8e8f8c87a"
}