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> Company prices resources within itself completely arbitrarily. I wouldn’t phrase it this way — to me, this implies unpredictability and/or a lack of rational
by xpe 11mo ago
> Company prices resources within itself completely arbitrarily.
I wouldn’t phrase it this way — to me, this implies unpredictability and/or a lack of rationale. Perhaps you simply mean “internal managers at companies do not necessarily price resources using market mechanisms” which I would agree with.
Many fields of study give insight to the various kinds of distortions that arise from human psychology and negotiation, etc.
- scotty79 11mo ago> "internal managers at companies do not necessarily price resources using market mechanisms” which I would agree with. Exactly, same as in centrally planned economy.