Like iPhones and iPads, Cosmic Crisp apples were developed and tested and patented by scientists during many years of research.
When restaurants use dynamic pricing they can maximize revenue and diner flow by charging less on Mondays and more on Saturdays.
Last week, I paid $25 for three hours at an NYC parking garage. Others though paid $50 for the same amount of time. We could say that it cost me less. But there is much more to the story. What…
Saying firms can’t refill and resell their cartridges, Lexmark International is fighting for printer cartridge patent protection in the Supreme Court.
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…
Displaying Disney’s pricing power, they will implement dynamic pricing for 1-Day tickets and as do the airlines, Amazon and Uber.
This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.
Disney is considering dynamic pricing to spread attendance and diminish lines. Restaurants, airlines, hotels and others with pricing power also vary price.
As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.