News for hackers. Stuff that matters.
Re:Hotel booking sites overcharge Bay Area customers by tshaddox on Tuesday January 14, 2025 @05:15PM (#42704678)
I would guess that most dynamic pricing won't work in a competitive market. By "competitive" I mean that there are a large number of buyers and sellers and something close to perfect information (namely that buyers know the prices goods are being sold at).
Re:Hotel booking sites overcharge Bay Area customers by anigbrowl on Tuesday January 14, 2025 @05:23PM (#42704771)
Likely true, but the point made in the article (near the ned) is that consumers generally don't have that information and vendors go to considerable lengths to obscure it.