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Free market requires perfect information. If airbnb showed the final price, and sorted by it, the situation would improve a lot. Forcing airbnb to display and
by cypress66 4y ago
Free market requires perfect information. If airbnb showed the final price, and sorted by it, the situation would improve a lot.
Forcing airbnb to display and sort by final price is the type of regulation that would help.
- barney54 4y agoNo. You’ve got it backward. Regulation requires perfect information to get it right. Free markets adjust to new information much quicker than governments.