Coming to the aid of consumers, these firms are using data-crunching to counteract the excesses of seller-side price extraction.
Ian Ayres • Super Crunchers: Why Thinking-by-Numbers Is the New Way to Be Smart
At the other end of the market are the conservatives. They want low pricing. They have waited a long time before buying the product—long enough for complete institutionalization of the whole product, and long enough for prices to have dropped to only a small margin above cost. This is their reward for buying late. They don’t get competitive
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