The Discovery Role of Disequilibrium Prices

Miozzi addresses a gap in price theory that matters for product strategy: if markets are always in motion, what do current prices actually tell us? The Austrian school insight is that disequilibrium prices carry different information than equilibrium prices — they signal not just scarcity but direction of change, unexploited opportunities, coordination failures. For product directors this connects to pricing strategy, market entry decisions, and platform dynamics where prices are discovery mechanisms rather than stable signals. The paper bridges information economics with Austrian insights about market processes, offering a framework for understanding how pricing in digital products functions as both signal and discovery tool in environments of constant change.