Then auctions like eBay are another example of dynamic pricing.

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But there are two types of prices.

And you know that it's going to be 100.

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It turns out we made this pretty easy.

Along with that is a kind of spirit of equality we're all basically equal.

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Set a price for this item

Preston promised his car would sell for 1,000.

There's no haggling.

Let's take a look.

And this one I was curling...

I could actually price on specific customer segments or on features I know they need.

Cost plus market, value pricing, and volume price are all examples of fixed pricing tactics.

licensing and intermediation and direct sales, etc.

But there's another type of pricing.

What s the revenue stream. That s our strategy.

That just means that the last three yield management, real time, and auctions are examples of dynamic pricing.

What was the market size? What share could you take?

They want to encourage high volume purchases, and so they have stepped pricing that is oriented to create volume.

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The stock market is a real time market.

Just get bauer cleared.

Each of you has failed my test.

In Latin, there are six cases nominative, genitive, dative, accusative, ablative, and vocative.

Well, let's put a tax on oil that is a non revenue tax, and it basically says for the next 20 years, the price of oil will be whatever you want, 35 bucks, 40 bucks.

The first three cost based pricing, value based pricing, or volume based pricing are all examples of fixed pricing tactics.

And then kind of the third common errors, my price hast to be less than my competitor's price.

One is fixed prices.

Here's how it is. It's the fixed price.

Now what would happen if these things changed ?

So if I had one closing and modest suggestion,

We are essentially saying the demand, the Price Quantity demanded relationship is held constant and we can pick a price and we'll get a certain quantity demanded.

It should be a value based decision.

In companies do you know how much each individual department can sign off for?

'Cause they had no time. They were on a clock.

As we said, the same with pricing.

Is it a license or subscription model?

So I'm just going back to what I said earlier.

Then they had strangers, many strangers, judge the person's personality just from Facebook, and what they found was those judgments of the personality were pretty much identical, highly correlated, meaning that Facebook profiles really do reflect our actual personality.

Last point, last graph.

Ken Livingstone was reelected.

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But how do you think about pricing itself?