Re:Ask YC: Profit: $25/user. Customers: satisfied. Competito...
by paulgb on Sunday November 04, 2007 @06:28PM
(#76138)
I agree that the initial response would be something like that, but it is the long-term behavior that I would be interested in.. Do people rationally value their time? Probably not. But I will bet you that some people would be willing to shop in the premium isles.
An automatic kiosk is a way to get around this, except you do extra work instead of paying more. But that misses the whole point of this - it isn't a solution to the lineup problem, it is a social experiment. You could potentially find out how much people value their time, in dollars and cents.
An automatic kiosk is a way to get around this, except you do extra work instead of paying more. But that misses the whole point of this - it isn't a solution to the lineup problem, it is a social experiment. You could potentially find out how much people value their time, in dollars and cents.
Thanks for the book recommendation.