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Re:Ocean shipping rates have plunged 60% this year by RC_ITR on Wednesday September 07, 2022 @10:53AM (#32751433)
The coastline paradox is actually a great example.

You can never price in all externalities, but you sure as hell can improve your pricing of externalities from what it is (in the same way a 1km resolution of coastline is better than a 100,000km resolution)

Re:Ocean shipping rates have plunged 60% this year by rightbyte on Wednesday September 07, 2022 @01:27PM (#32753495)
Not really. One is kinda a fractal and one is kinda a converging geometrical series I believe?
Re:Ocean shipping rates have plunged 60% this year by RC_ITR on Wednesday September 07, 2022 @02:18PM (#32754158)
I would love for you to go one layer deeper on how pricing externalities is a converging geometric series.