EPISODE · Jul 8, 2020 · 39 MIN
Dynamic Pricing
from Economics Explored · host Ben Scott, Gene Tunny
Economics Explained host Gene Tunny discusses dynamic pricing, which is used by Uber and airlines among other businesses, with his Adept Economics colleague Ben Scott. Resources mentioned in the conversation include: Tim Harford's The Next Fifty Things that Made the Modern Economy Uber and airline dynamic pricing models can be viewed as both fair and predatory QPAC/QTIX to trial Uber-style surge pricing to boost revenue Matching and Dynamic Pricing in Ride-Hailing Platforms He has 17,700 Bottles of Hand Sanitizer and Nowhere to Sell Them Dynamic pricing: Retailers using artificial intelligence to predict top price you'll pay
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What this episode covers
A conversation on the economics and ethics of dynamic pricing as used by Uber and airlines among other businesses.
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Dynamic Pricing
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