The airlines need to solve airfare pricing problems because their algorithms depend on historic data that is no longer relevant.
Wondering why concert ticket prices have gone up during the past decade, we can look at Taylor Swift’s 2018 Reputation tour.
Observing all the laws of supply and demand, Broadway ticket revenue is hitting new highs because of scarce theater space and three blockbuster hits,
When restaurants use dynamic pricing they can maximize revenue and diner flow by charging less on Mondays and more on Saturdays.
In the high-occupancy toll lanes outside of Washington D.C., you could pay close to $4.00 a mile. Just for a 9-mile stretch along Interstate 66, the toll has totaled $40.00. Should economists applaud? Controlling Congestion On December 5, 2017, commuters…
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 $744.46 and a high of $899.99: The year…
Our weekly roundup includes how productivity affects music industry writers, the surprising impact of cheap oil and how tech shapes what the superrich earn.
Displaying Disney’s pricing power, they will implement dynamic pricing for 1-Day tickets and as do the airlines, Amazon and Uber.