When a hotel sets their room prices incorrectly, they miss out on revenue. When they […]
Showing posts from Category: Dynamic Pricing
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Basketball is on the up in Australia. Whether you look at the number of children […]
The Fallacy of Composition involves making the incorrect assumption that just because something is true […]
The Prisoner’s dilemma is one of my favourite concepts in Game Theory which is a […]
Today is Black Friday. Retailers around the world use this day to attract new customers […]
Today I’m angry. When I got to work and I opened my emails, the first […]
When successful businesses suddenly change the way they do things, we should all be asking […]
Are you wondering how to implement Dynamic Pricing? This all sounds good in theory. But […]
The way you optimise prices will vary from business to business and industry to industry. […]
Let’s revisit high-school economics. Don’t worry, we will keep it simple. We’ll start with a […]