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Plausible case for what? What case do you think I'm making that you are somehow contradicting? Nothing I've said is in conflict with the idea of preferences be
by rbarooah 15y ago
Plausible case for what? What case do you think I'm making that you are somehow contradicting? Nothing I've said is in conflict with the idea of preferences being subjective.
- nazgulnarsil 15y agowhy do you continue to deny your parent post? QUOTE: "the sellers have to be meeting genuine needs, or the buyers have to have the information necessary to make good determinations." both of your assertions are false. markets tend toward equilibria you disagree with. that you disagree with them doesn't make the needs "non-genuine", nor does it mean information asymmetry is a barrier to efficient markets. correcting information asymmetry is itself subject to market forces.
- rbarooah 15y agoI haven't denied my parent post. You are quoting me out of context - it doesn't make sense if you don't include the full sentence, and you aren't explaining why you think I'm claiming needs are not subjective. Where have I said anything about me agreeing or disagreeing with people's needs? Certainly not in that quote. My position is simply that Google's advertising doesn't necessarily serve the function of matching people with suppliers of what they want or need because it's an attention auction which is agnostic to the idea of need or want. You also haven't addressed what part of what I've said is 'pontificating' or why I don't have the right to express my views.