Venkatesh Rao@vgr·Jan 2, 2016Is there precedent for surge pricing for brands rather than commodities? I'd guess no since price encodes quality in addition to demand42
Michael@mmay3r·Jan 2, 2016Replying to @vgr@vgr inverse surge pricing is how most clothing retailers work. Full price is “surge” with products being on sale most of the time.21
Venkatesh Rao@vgrReplying to @mmay3r.@mmay3r I'd like to see graph of effective average retail price (after sale discounts etc) over time to see if list price epochs are spikes11:49 PM · Jan 2, 20163 Likes
Britt Crawford@britt·Jan 3, 2016Replying to @vgr@vgr @mmay3r it’s an inventory management game. So it’s a pretty steady decline after an initial list plateau.