Actually a market is a place to negotiate prices. Seller-fixed prices are an American curiosity.
Re:Here's how I deal with users who steal
by PeterisP on Monday October 28, 2013 @11:30PM
(#6631818)
The act of negotiation itself is a cost/fee that people would rather avoid - and for small purchases the need to negotiate is more costly than the actual product price.
Lack of negotiation isn't a curiosity, it reduces friction of transactions - see item, point at it, give the money, you're done; which saves effort for both parties.
Fair enough. But even in negotiated transactions, the seller sets the final price that they will or won't accept.
In a fixed market the fixed price still remains the upper bound for the negotiation. [Until there are more demands outside of the predetermined terms]
Re:Here's how I deal with users who steal
by marcosdumay on Tuesday October 29, 2013 @08:05AM
(#6633403)
Exactly like the buyer.
only in a "free-"market. Also there is a concept of "fair price" for a reason. You can't charge insane prices everywhere, especially for essential items.
Re:Here's how I deal with users who steal
by forrestthewoods on Monday October 28, 2013 @09:20PM
(#6631168)
It's a good thing a service to help individuals sell their music on a variety of online services isn't essential.
Re:Here's how I deal with users who steal
by dllthomas on Monday October 28, 2013 @09:24PM
(#6631185)
It might be, if making music is the only real way you have to make money. Of course, in that case I would hope that you would use your proceeds to pay the service pretty quickly.
Re:Here's how I deal with users who steal
by forrestthewoods on Monday October 28, 2013 @09:32PM
(#6631221)
Essentials for Life: food, water, shelter, and cheap access to internet services created by other people.
Re:Here's how I deal with users who steal
by wfunction on Monday October 28, 2013 @10:49PM
(#6631614)
Wait so if the only real way I made money was by theft, then that would make it "essential"?
That's embedded in the definition of a market--sellers get to choose the price, buyers get to choose whether or not to buy.