Then auctions like eBay are another example of dynamic pricing.

We only burn up a small amount of the uranium that's in there, we take it out and we stick it in a spent fuel pool.

It turns out we made this pretty easy.

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He's efficient, he's precise.

Let's take a look.

let's compare that with a number I've just mentioned.

That's inefficient.

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

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

licensing and intermediation and direct sales, etc.

But there's another type of pricing.

What s the revenue stream. That s our strategy.

Admittedly, trying to capture all of these effects leads to a lot of work and possibly inefficient shaders.

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

How hard can that be?

The stock market is a real time market.

We can't do that today because solar panels are heavy, expensive and very inefficient.

If some people cut back on oil use, the reduced demand will drive down the price, allowing others to buy it for less.

It should be a value based decision.

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

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

And that's the real big take away I wanted you to get at, is that high utilization of anything, of our aggregate capacity, prices will increase.

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

I needed tools that were robust, modular, highly efficient and optimized,

Is it a license or subscription model?

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But how do you think about pricing itself?

Here. The Pirate Bay. And that's all.

Be fast.

Fish farms pollute most of them do anyway and they're inefficient.

And ever since then, I've wondered why it is that capitalism is so amazingly efficient at some things, but so inefficient at others, why it's so innovative in some ways and so un innovative in others.

Commerce, on the other hand, is relatively quick, essentially creative, highly effective and efficient, and fundamentally honest, because we can't exchange value for very long if we don't trust each other.

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

Copyright is a property system.

That's a mistake.

What happens is you have crossing over, and it's a surprisingly organized process.

Obviously a 6 Price to Earnings of 20 times 2013 earnings isn't as good as a 6 Price to Earnings of 2010, because earnings in the future aren't worth as much as earnings today.

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That revenue model is different than the pricing tactics.

We need more effective price controls by the Government.

And actually I'll say two things.

So now we have two reasons why the naive Bayes assumption is a good thing.