> Once they figure it out, they'll price this person as a person, and he won't be able to swing it as dramatically. Ronald Coase, of Coase theorem fame, believ

> Once they figure it out, they'll price this person as a person, and he won't be able to swing it as dramatically. Ronald Coase, of Coase theorem fame, believed that markets are rarely efficient: "Coase argued that real-world transaction costs are rarely low enough to allow for efficient bargaining and hence the theorem is almost always inapplicable to economic reality."[1] In this case, the inefficiency persists because the costs of implementing a more detailed model would far exceed the benefits. [1] https://en.wikipedia.org/wiki/Coase_theorem https://en.wikipedia.org/wiki/Coase_theorem