How to Develop a New Apple

Like iPhones and iPads, Cosmic Crisp apples were developed and tested and patented by scientists during many years of research.

The Mystery of the Different Mac and Cheese Prices

When restaurants use dynamic pricing they can maximize revenue and diner flow by charging less on Mondays and more on Saturdays.

Why There Is No Such Thing as a Free Coupon

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…

When It’s Okay To Discriminate

Saying firms can’t refill and resell their cartridges, Lexmark International is fighting for printer cartridge patent protection in the Supreme Court.

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 $744.46 and a high of $899.99:   The year…

Disney’s Dynamic Pricing Power

Displaying Disney’s pricing power, they will implement dynamic pricing for 1-Day tickets and as do the airlines, Amazon and Uber.

Weekly Roundup: From Overbooked Flights to Immigration Fallacies

This week’s economic news summary included unexpected insight from credit scores, the natural resource curse, and what the bacon cheeseburger can tell us.

Why Disney Might Charge Us Less

Disney is considering dynamic pricing to spread attendance and diminish lines. Restaurants, airlines, hotels and others with pricing power also vary price.

Dynamic Pricing: How To Lower Your Electric Bill

As monopolies, electric utilities have the pricing power that lets them offer dynamic pricing through smart meters but supply and demand will change slowly.

How Uber and Amazon Use Pricing Power

Displaying some pricing power, dynamic pricing on Amazon, for airlines, Uber and elsewhere recognizes and responds to changes in demand to maximize profits.