I’m wondering if we can put more degrees of freedom in the conditions under which price commitment applies, meaning. I imagine this process being initiated by the market instead of being enforced on whatever arbitrarily defined category of product matches what we currently think it should apply to.
I feel like there is some dialogue between two honour-bound champions of industry that would lead to the incumbent being obligated to commit to a future price, simply as a result of answering questions and being held to their word. Probably involves some kind of wager somewhere.
Tech is illegible enough that regulators couldn’t reliably see through whatever lie is floated to explain the sudden price decrease, the evil can’t truly be policed.
Though the “moral” aspect of this post was a bit much.
I’m wondering if we can put more degrees of freedom in the conditions under which price commitment applies, meaning. I imagine this process being initiated by the market instead of being enforced on whatever arbitrarily defined category of product matches what we currently think it should apply to.
I feel like there is some dialogue between two honour-bound champions of industry that would lead to the incumbent being obligated to commit to a future price, simply as a result of answering questions and being held to their word. Probably involves some kind of wager somewhere.
Conditional prices might make more sense.
Though the “moral” aspect of this post was a bit much.