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Khoth comments on Open thread, Jan. 26 - Feb. 1, 2015 - Less Wrong Discussion

6 Post author: Gondolinian 26 January 2015 12:46AM

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Comment author: Khoth 26 January 2015 07:21:39PM *  0 points [-]

Why would sellers doing this outcompete sellers who don't? Sellers reducing prices whenever they want, rather than precommitting to a set function, will have more information to base their prices on at the time they set each price, so I'd expect them to do better.