Black Friday theory
Better reads: Data Consistency in Distributed System - CAP, PACELC Morality series - a heptalogy This blog is mainly focused on my Philosophical and theoretical ideas. From time to time I have practical posts that are too few to deserve a blog by themselves. I still hope my other work (like above) is even more valuable than such practical article as below. * * * Black Friday is a selling race over the gift budgets: the budgets that have a peak around the start of December What is the lowest possible price on "Black Friday"? Sellers will try to make this unpredictable. However, there are certain price strategies that any rational seller should apply. This can give you hints about the likelihood of obtaining a lower price on Black Friday, Cyber Monday and similar. Why having price cuts at all? Normally, any producer or seller would want to have the highest gain from the products it sales, therefore a higher price is desirable. However, selling more many pieces of a pro...