It's amazing how people neglect this basic fact. Free markets already often don't work in practice. But they don't even work in theory if both parties do not have at the very least the same information in order to base their decisions. These sort of scam tactics (like dynamic pricing) are simply fraud, much like hiding problems in a car or a house you sell.
Seattle should do restaurants next, the number of places with %fees tacked on that aren't tips and aren't optional, just so they don't end up having $20+ entrees on the menu is growing steadily.
I liked reading "the rational optimist" by matt ridley
One point I remember is that with trust, trade is infinite.
This completely follows in my life.
I trust costco, and I buy stuff there without doing any calculus.
I don't trust apps on the apple store, I basically don't buy any of them (even/especially the free ones). Even the phone itself has about 10,000 pages of privacy policy.
GOG sells games without DRM that you can download and played offline, forever. I don't worry about buying any game.
sitkack · · focus · HN ↗
Price transparency makes more efficient markets.
andrepd · · focus · HN ↗
cjf101 · · focus · HN ↗
OptionOfT · · focus · HN ↗
Go check the price for a movie ticket. At the end they slap on an additional fee. Why can't they show the fee included in the main price?
I went to the Verde Canyon Railroad, when gas prices were really low. Still a fee for higher gas prices on the receipt...
m463 · · focus · HN ↗
One point I remember is that with trust, trade is infinite.
This completely follows in my life.
I trust costco, and I buy stuff there without doing any calculus.
I don't trust apps on the apple store, I basically don't buy any of them (even/especially the free ones). Even the phone itself has about 10,000 pages of privacy policy.
GOG sells games without DRM that you can download and played offline, forever. I don't worry about buying any game.