Asian Spectator

Men's Weekly

.

What's dynamic pricing? An operations management scholar explains

  • Written by Ovunc Yilmaz, Assistant Professor of Operations, University of Colorado Boulder
What's dynamic pricing? An operations management scholar explainsTicket prices for a coveted show can spike.gilaxia/E+ via Getty Images

Whether you’re booking a plane ticket at the last minute or looking to go to a lackluster preseason football game, you might encounter what’s known as dynamic pricing.

Using this strategy, companies adjust what they are charging in response to demand. They can cut or...

More Articles ...

  1. Faced with a rise of extremism within its ranks, the US military has clamped down on racist speech, including retweets and likes
  2. Cognitive biases and brain biology help explain why facts don’t change minds
  3. Politicians seek to control classroom discussions about slavery in the US
  4. At 75, Pakistan has moved far from the secular and democratic vision of its founder, Mohammad Ali Jinnah
  5. Russia’s threats to shut down Jewish Agency raise alarm bells for those who remember the past
  6. There's reason for people on opposing sides of abortion to talk, even if they disagree – it helps build respect, understanding and can lead to policy change
  7. Farmers can save water with wireless technologies, but there are challenges – like transmitting data through mud
  8. American Sikhs are targets of bigotry, often due to cultural ignorance
  9. What is a semiconductor? An electrical engineer explains how these critical electronic components work and how they are made
  10. Old age isn't a modern phenomenon – many people lived long enough to grow old in the olden days, too

Magazine

Waspada mikroagresi di tempat kerja: Hinaan diskriminatif berbalut pujian

Ilustrasi seorang karyawan yang sedang sedih dan mengasingkan diri.pakww/Shutterstock● Mikroagresi adalah ujaran yang tampak biasa saja atau seperti pujian, namun sebenarnya diskriminatif.●...

Yang viral yang berkuasa: Politik kini ditentukan oleh algoritme, bukan kebijakan substantif

Gubernur Jawa Barat Dedi Mulyadi sedang menyapa masyarakat setelah pertandingan bola Persib.Sony Herdiana/Shutterstock● Fenomena ‘Power Morph’ menandakan transformasi bentuk kekuasaa...

Terjebak budaya sungkan: Enggan komplain bisa menghambat perbaikan pelayanan publik

Sejumlah orang sedang menunggu antrean di ruangan di suatu fasilitas pelayanan publik di Jakarta. Zulkarnain.B/Shutterstock● Masih banyak masyarakat enggan komplain karena budaya sungkan dan tid...