26min chapter

Odd Lots cover image

Corporations Learned The Maximum Amount They Can Charge For a Product

Odd Lots

CHAPTER

Evolution of Pricing Strategies in Various Industries

The chapter delves into the changing landscape of pricing strategies utilized by companies, from surge pricing in fast food to personalized pricing in various industries. It highlights the impact of algorithmic pricing and data specialists on refining pricing strategies and potential implications on inflation. The discussion emphasizes the shift towards personalized pricing, algorithmic price fixing, and the ethical considerations surrounding the use of personal data in determining prices.

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