> This is true of a whole lot of stuff. Many special offers are loss leaders that largely rely on human behavior to make up for the losses
Accepting this is currently true, should we prefer this equilibrium?
This feels like a loaded question.
If you are an inveterate optimizer, it works to your advantage. If you are not, well I guess you just don't care. So net net, yes we prefer this equilibrium.
This feels like a loaded question.
If you are an inveterate optimizer, it works to your advantage. If you are not, well I guess you just don't care. So net net, yes we prefer this equilibrium.