Yes, this is the reason why it's sort of illegal, but done anyways.
Honestly, beyond paying fewer fees on the bus as a kid, I'm pretty sure I'm being scammed everytime I experience price discrimination.
I feel it's easier to make it illegal and give away reasonable credits to all consumers. I wouldn't discriminate in credits either, I'd rather have public transportation being free for all than claim to save money that society needs to spend anyway.
It doesn't help that lying about the price at any point just makes accounting harder, and creates space for wrong, uncompetitive pricing, or awful deals that would hurt business and society in the longer term anyway.
pricing is all made up to begin with though. your can't take the cost to make an item, add a reasonable amount of profit and that's the "real" price. that's just not the reality of running a successful business. human psychology is far too complicated.
at the end of the day, prices are just a number you make up, and hopefully it's a big enough number that your stay in business. hopefully it's a big enough number that you get rich. but sometimes it's a fire sale and you just end up owing less money to your vendors.
> at the end of the day, prices are just a number you make up, and hopefully it's a big enough number that your stay in business.
The only requirement is to make up a single for all your customers that are getting the same thing back. It'll be made up and account for business factors like risks, profits, etc.
Honestly, beyond paying fewer fees on the bus as a kid, I'm pretty sure I'm being scammed everytime I experience price discrimination.
I feel it's easier to make it illegal and give away reasonable credits to all consumers. I wouldn't discriminate in credits either, I'd rather have public transportation being free for all than claim to save money that society needs to spend anyway.
It doesn't help that lying about the price at any point just makes accounting harder, and creates space for wrong, uncompetitive pricing, or awful deals that would hurt business and society in the longer term anyway.