Comment on Open thread, Jan. 26 - Feb. 1, 2015

Mon, 26 Jan 2015 19:27:51 GMT

this reduces the total gains, but any seller who does it would outcompete sellers who don't

Why would the dynamic-price seller outcompete other sellers who are making more money?

Besides, he would have the classic takeoff problem -- this first items would be (relatively) very expensive and nobody will buy them (the flat-price sellers are selling the same thing much cheaper).

Discuss