Algorithmic pricing gone critical - Re: PDP-10 programming [was RE: Dumb Terminal games (was Re: Looking for a small fast VAX development machine)]
billdegnan at gmail.com
Tue Mar 1 21:29:52 CST 2016
On Mar 1, 2016 8:19 PM, "Toby Thain" <toby at telegraphics.com.au> wrote:
> On 2016-03-01 7:36 PM, Sean Conner wrote:
>> It was thus said that the Great Rich Alderson once stated:
>>> For most hobbyists, even $100 is too much. I was simply astounded at
>>> chutzpah of the seller--right there on the Amazon list--who was asking
>>> nearly $1500 for a copy.
>> I think that comes from an unchecked computer algorithm, not simple
>> I think what's happening here is someone (some Amazon third party)
>> the book for, say, $5. Another third party scans Amazon for such books,
>> offers it for say, $6, with the hope that you (the potential buyer) will
>> only see their their offer for $6 and buy from them, at which point they
>> will buy it for $5 from the original seller, sell it to you for $6 and
>> pocket the $1 profit. The problem comes when a third third-party seller
>> sees the offer for $6 and does the same thing as the second one, only now
>> they're offering it for $7, will pay $6 for it and pocket $1 profit.
>> Keep repeating that process and you end up with books selling for
> Or more:
> Remind me why HFT is a great idea...
>> -spc (Who knows? If you keep searching, you might find the original
>> seller selling it for $5 ... )
I would think pdp 10 original books / manuals are hard to find.
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