State parks in California are implementing a dynamic pricing model, a strategy already being employed by various theme parks and attractions. This approach adjusts fees based on demand, aiming to ...
In today’s unpredictable market, cost savings are no longer the only or even the primary goal of procurement. Instead, long-term value creation, supply continuity, and risk mitigation are what set ...
In my previous article, From static to strategic: The shift to dynamic pricing models, I outlined why traditional fixed-price approaches are no longer sufficient in today’s volatile supply chain ...
I was checking the cost of a flight to Lisbon on a recent Thursday night. The fare increased by $37 by the fifth reload. The ...
The Manchester City fans at the Camping World Stadium in Orlando had come from all over North America, and like every fan at Fifa’s Club World Cup finals, they paid for tickets according to the ...
Delta has been testing out a new AI revenue management system in select markets to develop a pricing model that creates real-time, "personalized" prices unique to each customer. Instead of a fixed ...
You’ve probably checked the price of a flight, found a good deal and returned later—only to see the price has gone up. Or you’ve seen an online product’s price change depending on when and how often ...
New York City mayoral candidate Zohran Mamdani (D) called on FIFA to abandon dynamic pricing for the 2026 Men’s World Cup, which will be held in the United States, Canada and Mexico. MetLife Stadium ...
Plus, advice on when is the best time to buy World Cup tickets with dynamic pricing in play: "There are deals to be had" Argentina captain Lionel Messi kisses the FIFA World Cup Trophy. Tickets for ...
Gig companies like Uber and Lyft have popularized the economic concept of dynamic pricing (also known as "surge pricing"), making it a common phenomenon in our modern economy. Now, some restaurants ...
It's not only Taylor Swift fans and the US government who aren't happy about Ticketmaster. The UK government is set to look into the company's dynamic pricing model after millions of Oasis fans ...
We like to think that we live in a capitalistic economy, but more truthfully we live in a highly regulated capitalistic economy. This is a pretty good thing because a society where Adam Smith’s views ...