Black (walnut) Lives Matter
- 0 Posts
- 3 Comments
Joined 2 years ago
Cake day: July 14th, 2023
You are not logged in. If you use a Fediverse account that is able to follow users, you can follow this user.
I don’t think so. They’re still making the exact same revenue per sale on average. The cost isn’t relevant here, another way of looking at it is in the case the customer pays nothing they’ve lost the cost of the goods and the profit they would have otherwise made, so it evens out.
It works out well for the seller if, by providing the option to gamble on the product, they increase sales, which I would guess it would (at the expense of being morally grey).



Looks like it is, from the paper: