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by 908B64B197 1913 days ago
> some retailer may have lost a customer who went elsewhere, some supplier may have lost a retailer who went elsewhere, etc

But then that also created profits for another supplier!

1 comments

And the increase in profits of that second supplier might surpass the losses of the first supplier if the customer made their original decision based on cost. You can frame this as increasing economic output. Let's break all the canals[1].

[1] - https://en.wikipedia.org/wiki/Parable_of_the_broken_window

But the customer will end up paying more! It's a never-ending problem!

(Increasing economic outputs by breaking all canals is the perfect example of why I'm always worried about gradient descent)