What Happens When the Price Isn’t Right

Maybe 20% of all online prices change daily. Some even change every few minutes. When the Wall Street Journal compared Amazon, Sears and Best Buy, they saw intraday prices bounce between a low of $744…

Airline Pricing Mysteries

Left to fluctuate freely, a price can tell us information about social norms, efficiency, technology, incentives, quality and supply and demand.…

©2016 econlife. All rights reserved.