3 ms·

What is a perfect market? What is FB advertising "done properly"? I don't believe FB is a perfect marketplace because there are too many powerful interests wit

What is a perfect market? What is FB advertising "done properly"? I don't believe FB is a perfect marketplace because there are too many powerful interests with their thumbs on the scale. If Zuckerberg and crew were actually impartial and objective and wanted a perfect market, which they don't, even if they did want it...could they make it? Where is the line between marketing, lying, up-selling, persuasion, and truth?

MattGaiser 6y ago
The term I should have used was "efficient market." Basically, because of the bid system and assuming that companies are testing different prices, prices for ads should be relatively efficient. I was not commenting on the content on the ads, just the pricing of them.