Posts Tagged ‘dynamic pricing’

  • Prices convey information.

    Speed Pricing

    Sep 6, 12 • 350 Views • No Comments

    What does a price tell you? Assume that you were going to purchase a GE Advantium 120 microwave oven on Sunday, August 12. Comparing Sears, Best Buy and Amazon’s sellers at 3 a.m., you would have seen, respectively, $899.99, 809.99 and 744.46. At...  [read more]

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    Movie Tickets

    Jan 5, 12 • 1602 Views • No Comments

    Should you pay more to see a blockbuster film during the Christmas holidays when movie going peaks? Less for an obscure foreign film? More on Saturday and at 7 pm? Less on Tuesday and 11 am? The issue is variable pricing. In this paper, several researchers...  [read more]

  • Dynamic Pricing for Tickets Displays the Power of Prices

    Broadway and Airlines

    Nov 26, 11 • 348 Views • No Comments

    Have you ever hesitated to book an airline reservation and, within moments, the price changed? Or, could you have known that delaying your purchase of a ticket to God of Carnage in LA last summer would have saved you almost $70? The reason is “dynamic...  [read more]