Gold Capped: When glyph prices hit the wall

Reader Comments (Page 1 of 1)

8-02-2010 @ 9:53AM

logicalfundy said...

"If you're in a criminal gang, and you know you'll be killed if you rat, it's best to keep quiet, but all that does is shift the parameters of the game."

. . . and of course what is best for a small group or individual (ie, the gang or yourself) may not be what is best for the larger community (ie, the city). A larger thought experiment could be done where risking your life saves several lives.

In any case, I'm not paying too much attention to the actual use of the dilemma in the WoW example, so I'm probably way off track, lol.

/me looks . . .

Oh yes, lol, a twisted version indeed. One where cooperation can help the sellers but hurt the buyers.

I think too many people leave the buyer out of the puzzle when trying to claim that undercutting hurts more than it helps. Unfortunately that *is* something that happens in real life with oligopolies and monopolies. Sellers work together, resulting in high prices and hurting the buyers.

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