Monthly Archives: April 2011
Some people (typically economists) love airline pricing and think that flexible, demand-based prices should be applied to all sorts of things (such as restaurants, in this posting from Rafi Mohammed). After all, if there’s a shortage of something (Saturday night … Continue reading
Procter & Gamble and Unilever have been fined 315 million euros for price-fixing. There are much more imaginative (and legal!) ways to maintain a price premium than this. Product innovation enables price differentiation; increasing the perceived value of your product … Continue reading
Spotted in my local grocery store. What a great bargain. Update: perhaps they saw my posting, because prices have now been adjusted to… …removing the last possible theoretically valid argument for this pricing structure. When asked about the rationale behind … Continue reading
A very typical message from someone on twitter… Not typical because I only follow people who talk about pricing, and anyone who says I do is lying… …but typical because fairness is a deeply ingrained norm in pricing, and … Continue reading
To be honest, it just makes me suspicious.