>2007 answer. Some nobel prize winning economists have argued and their >view are pretty mainstream, even if debated, that the availability (or >rather the lack of availability) of information robs consumers of the >ability to push the market through price competition to its ideal efficiency. >The so-called information assymmetry economist argue that this problem of >not enough information is the rule rather than the exception.
Is this "2007" answer really a "1987" answer? In 2008 I use the Internet almost every day to "push the market through price competition." I rarely buy anything worth over $50 without at least a quick check of prices. I find that even just a quick check can often save me 20 to 50 percent. Am I an exception? Although Google's shopping search has lost its luster I still find that it is the most efficient source. It is not limited to one kind of goods and it indexes online stores, ebay, and other price engines. If you are shopping on the 'net, what is your preferred site? ************************************************************************ * ==> QUICK LIST-COMMAND REFERENCE - Put the following commands in <== * ==> the body of an email & send 'em to: [EMAIL PROTECTED] <== * Join the list: SUBSCRIBE COMPUTERGUYS-L Your Name * Too much mail? Try Daily Digests command: SET COMPUTERGUYS-L DIGEST * Tired of the List? Unsubscribe command: SIGNOFF COMPUTERGUYS-L * New address? From OLD address send: CHANGE COMPUTERGUYS-L YourNewAddress * Need more help? Send mail to: [EMAIL PROTECTED] ************************************************************************ * List archive from 1/1/2000 is on the MARC http://marc.info/?l=computerguys-l * List archive at www.mail-archive.com/computerguys-l@listserv.aol.com/ * RSS at www.mail-archive.com/computerguys-l@listserv.aol.com/maillist.xml * Messages bearing the header "X-No-Archive: yes" will not be archived ************************************************************************
