News for hackers. Stuff that matters.

A comment on Amazon is stuffing its search results pages with ads. Parent comment

Re:Amazon is stuffing its search results pages with ads by dymk on Tuesday September 11, 2018 @04:32PM (#17963099)
Behavioral economics would like to disagree. Supply and demand are a function of what buyers want; somebody wanting something _right now_ has been a force that markets cater to since markets have existed.
[ Parent | on HN ]
Re:Amazon is stuffing its search results pages with ads by ntsplnkv2 on Tuesday September 11, 2018 @07:51PM (#17964443)
Behavioral economics isn't a law of physics, much of it is completely unproven, relying on psychology, which has a huge reproduce-ability problem.

Price gouging is raising prices to greater than what is fair for the value.

The amount of price raised is almost certainly to be greater than what is deemed fair in these cases from the law of supply and demand. Despite one person demanding it more, one person may be demanding it less, who is "more price conscious." Demand doesn't change in that scenario.'

It's one thing to cater to someone coming in, looking in a rush, verses spying on them in their own home and offering them products. If this is the world we're going to, I can only hope I'm not in it.

[ Parent | on HN ]
Re:Amazon is stuffing its search results pages with ads by jhall1468 on Tuesday September 11, 2018 @10:36PM (#17965188)
> The amount of price raised is almost certainly to be greater than what is deemed fair in these cases from the law of supply and demand.

That's not true. Price gouging is a term thrown around a lot, but generally it refers to drastically increasing prices when supply takes a sudden hit (due to natural disaster, often).

> verses spying on them in their own home and offering them products.

Spying on them? Are you joking? They are on Amazons website. How in the world is that spying? Man, more and more Hacker News is starting to sound like reddit.

[ Parent | on HN ]
[dead]
Re:Amazon is stuffing its search results pages with ads by dang on Wednesday September 26, 2018 @04:34AM (#18073942)
The parent comment stepped into incivility, but you've jumped into personal attack. We ban accounts that do that. If you'd please review https://news.ycombinator.com/newsguidelines.html and follow the rules from now on, we'd appreciate it.
[ Parent | on HN ]