Re:Amazon’s $23,698,655.93 book about flies
by morphogenesis on Saturday April 23, 2011 @08:58PM
(#2478011)
And in fact, in used book "arbitrage", the seller always has a very, very good excuse, which is that s/he "sold the book already" to someone in s/her imaginary brick-and-mortar store.
The calculations would have to consider the probability of not getting the book under the price of sale, the probability of not getting it over price of sale (investing the difference in avoiding a bad rating), and the chance that you won't receive a bad rating just for reimbursing it under whatever excuse. You can also ponder taking a bad rate eventually.
In other markets you'd have to basically get the book at any cost, which would make it really risky.