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No, it’s a coordination problem. If you’re the only one hiding your prices in fees, it can be an advantage since it looks like you’re charging less. Everyone ha
by baron816 4y ago
No, it’s a coordination problem. If you’re the only one hiding your prices in fees, it can be an advantage since it looks like you’re charging less. Everyone has to do it to keep up, but since everyone does it, no one really gets an advantage. With mandated transparent pricing, no one has an opportunity to “cheat” and everyone can specialize (in cost or quality or features/amenities, or some mix of those).