John Zhang

Nobel laureate Paul Krugman explores economic policies impacting productivity, particularly in relation to immigration. Joined by John Zhang and Ramon Barua Costa, they delve into dynamic pricing models that fluctuate in real time across various industries. The discussion shifts to Brazil's strategic ambitions in rare earth elements, aiming to establish a competitive non-China supply chain, highlighting the geopolitical stakes of this crucial resource in the tech industry.

John Zhang, a Wharton Professor of Business Economics and Public Policy, dives into the intriguing world of dynamic pricing strategies. He reveals how firms adapt their pricing amid rising tariffs and inflation, affecting consumer behavior. The discussion highlights the historical evolution of these strategies and their application across industries like airlines and hotels. Zhang also emphasizes the balance businesses must strike between profit motives and consumer perceptions, illustrating real-world examples of success and failure in dynamic pricing.