Terence Eden on Nostr: 🆕 blog! “Why does no-one discuss negative dynamic pricing?” Much hullabaloo ...
🆕 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
Published at
2024-09-12 11:35:03Event JSON
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"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",
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