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eigenrobot's profile
eigenrobot
eigenrobot
eigenrobot
@eigenrobot

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eigenrobot

@eigenrobot

robot. friend.

eigenrobot.substack.com
Joined July 2013

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    1. eigenrobot‏ @eigenrobot 16 Mar 2020

      Apparently Amazon prohibits ""price gouging"""""" Extremely disappointed in Pat Bajari and more generally in the 250 econ phds they have on staffpic.twitter.com/CTnSuKvlut

      9 replies 8 retweets 62 likes
    2.  🦌‏ @kilovh 16 Mar 2020
      Replying to @eigenrobot

      I'm torn many examples of "evil price gouging" are natural and Good, eg hotel surge pricing around Florida in hurricane season On the other I'm not sure buying all the hand sanitizer in your town to resell on Amazon for profit should go unpunished

      4 replies 0 retweets 6 likes
    3. eigenrobot‏ @eigenrobot 16 Mar 2020
      Replying to @kilovh

      Do you know the story about ice price gouging in I think FL during a hurricane?

      1 reply 0 retweets 2 likes
    4.  🦌‏ @kilovh 16 Mar 2020
      Replying to @eigenrobot

      Don't think so

      1 reply 0 retweets 2 likes
    5. eigenrobot‏ @eigenrobot 16 Mar 2020
      Replying to @kilovh

      Basically they had price gouging laws in place Sold out of ice immediately People who were screwed were diabetics People cleared the store of ice for their freezers to keep meat from spoiling Diabetes needed it for insulin Easiest way to be sure they'd get it is higher price

      4 replies 0 retweets 8 likes
    6.  🦌‏ @kilovh 16 Mar 2020
      Replying to @eigenrobot

      To clarify I am FOR gouging, I understand the depletion issue and the way higher price protects it, I just am not sure what dude did is the same as gouging, he depleted a local resource to offer non-locally

      1 reply 0 retweets 1 like
    7.  🦌‏ @kilovh 16 Mar 2020
      Replying to @kilovh @eigenrobot

      He didn't put out a shingle in Tennessee or wherever, he said screw Tennessee I'm opening up on Amazon Isn't it the opposite of the Florida case (kind of)?

      1 reply 0 retweets 1 like
      eigenrobot‏ @eigenrobot 16 Mar 2020
      Replying to @kilovh

      That might be good. HM. Does TN need it as much as idk NY or WA?

      8:50 AM - 16 Mar 2020
      • 2 Likes
      • absurdistfool 🦌
      2 replies 0 retweets 2 likes
        1. New conversation
        2.  🦌‏ @kilovh 16 Mar 2020
          Replying to @eigenrobot

          Interesting question... Judaism actually has gouging laws btw. Don't know much about it. I should really learn more monetary law it's extensive and very interesting

          0 replies 0 retweets 1 like
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        1. Jason C‏ @Pseu42 16 Mar 2020
          Replying to @eigenrobot @kilovh

          Kinda seems like the problem here might not be "TN dude bought too much hand sanitizer" but "TN stores didn't raise prices to reflect changing market conditions quickly enough". Why they didn't is an interesting question - ignorance? perception of unfairness? reputational fears?

          0 replies 0 retweets 1 like
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