Reply to post:

Facebook admits it does track non-users, for their own good

JohnFen Silver badge

"The seller gets less than the buyer thinks the thing is worth. And the buyer pays more than the other buyers think it's worth."

This sounds like what you're saying is that either the buyer or seller is mistaken about what the worth of a thing is. I don't think that's what you're saying, though.

Perhaps a better way to phrase it is that nothing has an objective "value". The worth of a thing legitimately varies from person to person. So the seller (ideally) is getting more than the thing is worth to the seller, and the buyer (ideally) is paying less than the thing is worth to the buyer. Everyone comes out ahead that way.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019