Comment by xpe

Comment by xpe 6 hours ago

1 reply

> 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 3 hours 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.