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Price discrimination reveals that a product's 'price' is not an inherent property but a negotiation between the seller's information about the buyer and the buyer's willingness to pay. The same physical object can have radically different economic value depending on context, timing, and who's buying — and the seller's profit depends on their ability to sort buyers without letting high-willingness buyers disguise themselves as low-willingness ones. It is fundamentally an information game.
