3 ms·
>There's no supply issue. Oh, but there is! FTA: >"One client called to complain the software was malfunctioning. A competitor across the street had slashed
by caminante 9y ago
>There's no supply issue.
Oh, but there is! FTA:
>"One client called to complain the software was malfunctioning. A competitor across the street had slashed prices in a promotion, but the algorithm responded by raising prices. There wasn’t a bug. Instead, the software was monitoring the real-time data and saw an influx of customers, presumably because of the long wait across the street."
Maybe the only way this gas station can stay in business (add supply) is to charge congestion premiums.