Monopolists should just disappear

  • 57 results
  • 1
  • 2

This topic is locked from further discussion.

Avatar image for Omni-Slash
Omni-Slash

54450

Forum Posts

0

Wiki Points

0

Followers

Reviews: 7

User Lists: 0

#51 Omni-Slash
Member since 2003 • 54450 Posts
btw mozart...you are right in that it may not be the optimum price...:D....forgot to mention that...
Avatar image for m0zart
m0zart

11580

Forum Posts

0

Wiki Points

0

Followers

Reviews: 54

User Lists: 0

#52 m0zart
Member since 2003 • 11580 Posts

but it is...the transaction takes place when the worth of the product as seen by the buyer meets the price point asked by the seller...every buyer will always want it for cheaper and every seller will want it more expensive......but you make the transaction at the point stated....Omni-Slash

No, it isn't. A "perfect" price implies something a bit less roving that simply that the price was within your constraints. I've bought items for higher prices than I would have preferred to pay for them. Those prices were within my constraints, but they clearly were not the "perfect" price when I would have happily made a better deal if I could. The only thing that is implied by my purchase at a given price was that this was the going market rate for this particular transaction -- i.e. that it was within my own constraints as well as within the constraints of the buyer. What it does not imply is that the seller would not have taken a bit more for it if he could have, or that I would not have paid a bit less if I could have. Within my constraints, I would always prefer to pay the lower end of those contraints. That would be "perfect" for me.

Basically, these types of discussions almost always try to tie into emotions about what is "fair", as if "fair" can be objectively determined universally for all buyers and sellers in every working marketplace. To me, using the term "perfect" to describe a transaction like that has just as much emotional baggage as using the term "fair". It only makes sense to use those terms when referring to the individuals involved. A transaction like this one that is made without coersion (and by coersion, I mean literally the absence of force and fraud on the part of the buyer and seller, not situations that are outside of their control or based on the "need" of either one), then the transaction was fair for those two people, even if someone somewhere else would never have paid that much for the item, or conversely accepted a price as low as that one to part with the same item. "Perfect" goes a bit farther than that though, because it implies that the transaction was optimal for both parties, and that isn't a conclusion we can default to.

Avatar image for funkadelichika
funkadelichika

8904

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#53 funkadelichika
Member since 2006 • 8904 Posts
Because it is rare where you were it costed more. It may not be 'fair' to you the consumer but it's just a fact of living somewhere where that particular item is rare. I would say you absolutley have the right to complain about it but try to understand the companies stance to.
Avatar image for GazaAli
GazaAli

25216

Forum Posts

0

Wiki Points

0

Followers

Reviews: 0

User Lists: 0

#54 GazaAli
Member since 2007 • 25216 Posts
So you dont want a capitalist economy then.Dr_Brocoli
thats pretty much it.
Avatar image for horgen
horgen

127732

Forum Posts

0

Wiki Points

0

Followers

Reviews: 1

User Lists: 0

#55 horgen  Moderator
Member since 2006 • 127732 Posts
[QUOTE="Omni-Slash"] If you bought it....the value was perfect for you.....period...you determined that the watch was worth giving up your $170......can you wish it was cheaper?...sure...but that's not what matters....the value of an object is determined by what the consumer is willing to pay.....prices can fluctuate.....value is determined by the individual...

I just wonder(after reading the debate here), if the price for food one day just doubled. Is it worth it in the way you are thinking? Note it doesn't cost more to make it than it did before.
Avatar image for Omni-Slash
Omni-Slash

54450

Forum Posts

0

Wiki Points

0

Followers

Reviews: 7

User Lists: 0

#56 Omni-Slash
Member since 2003 • 54450 Posts
I just wonder(after reading the debate here), if the price for food one day just doubled. Is it worth it in the way you are thinking? Note it doesn't cost more to make it than it did before. horgen123
food is a necessity....govt managment and suck dictates a completely different price structure...supply generally dictates food prices completely...
Avatar image for MetroidPrimePwn
MetroidPrimePwn

12399

Forum Posts

0

Wiki Points

0

Followers

Reviews: 5

User Lists: 0

#57 MetroidPrimePwn
Member since 2007 • 12399 Posts

I agree.

Monopoly is a TERRIBLE game.