pull down to refresh
101 sats \ 2 replies \ @Undisciplined 4 Jul \ parent \ on: Should a company police RRPs and fight scalpers? econ
We call this "price discrimination". The demand curves are different in different places (assuming arbitrage doesn't make everywhere the same place) so companies price to the local demand.
This doesn't work very well with digital and virtual goods, as the arbers prove - because intervention was needed; the only reason I can think of for this to be employed on digital goods is profit maximization. And this is what feeds disobedience. Good luck taking me off my btcpayserver.
reply
That’s exactly right. Price discrimination is a profit maximization practice. It’s not super common because it’s often hard to implement.
reply