Re:After GDPR, The New York Times cut off ad exchanges and k...
by trophycase on Wednesday January 16, 2019 @01:35PM
(#18923531)
I don't know if this effect has a name, but this sort of thing happens in every industry. I noticed in on a popular tourist trap boardwalk where every restaurant had a "barker" out front trying to tell you to come in. It's basically added costs for all businesses with more or less a 0 increase in net demand for the set of businesses as a whole, it merely redistributes demand amongst them.
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Re:After GDPR, The New York Times cut off ad exchanges and k...
by notriddle on Wednesday January 16, 2019 @02:45PM
(#18924307)
As he already said, it's called The Prisoner's Dilemma. The situation where everybody defects (everybody has a barker) is worse than the situation where nobody defects (barkers are unheard of). But the nobody-defects situation is unstable, because if Store A has a barker and Store B does not, then Store A will be swimming in money and Store B will go out of business (or, in reality, be forced to hire a barker themselves).
Probably the clearest example I can think of is doing a no-adblock Google Search for "Coca-Cola." The first result is an ad, put out by the Coca-Cola Company. This might not seem to make any sense, since the first non-ad result is an identical link to the same website, but imagine what Cott Corporation or PepsiCo would do if they could by the first result for their competitor...