Re:The real prices of the iPhone 12 and iPhone 12 mini
by idle_zealot on Wednesday October 14, 2020 @03:32PM
(#24780569)
> If that doesn’t happen, then it’s probably not a big deal.
This assumes that agents in the market are rational actors, which they are not. Even when deception becomes the norm enough fall for the lower advertised prices to make the tactic optimal, despite the tactic's negative impact on marks and savvier consumers' alike.
This assumes that agents in the market are rational actors, which they are not. Even when deception becomes the norm enough fall for the lower advertised prices to make the tactic optimal, despite the tactic's negative impact on marks and savvier consumers' alike.