Ethics of Dynamic Pricing
Ethics of Dynamic Pricing: Key Considerations and Guidelines
In this article, we'll explore some of the ethical considerations involved in dynamic pricing before offering a few steps businesses can take to support fair ...
The Ethics of Dynamic Pricing: The Good, the Bad, and the Ugly
Dynamic pricing is a monetization strategy used more and more in the e-commerce market, including App subscriptions.
Fairness and Dynamic Pricing | Harvard Kennedy School
In “The Ethics of Dynamic Pricing,” Ahmad Faruqui lays out a case for improved efficiency in using dynamic prices for retail electricity tariffs and ...
The Ethics of Dynamic Pricing - ScienceDirect.com
As a matter of principle, ethical pricing should be cost based and not create subsidies between customers. Flat rate pricing, which has been in place for the ...
Ethical aspects of dynamic pricing
How will customers react to price changes of more than the usual few percent per year? Becoming more dynamic in pricing is not the same thing as implementing ...
The Pros and Cons of Dynamic Pricing (& Is It Ethical?) - Shortform
Dynamic pricing is a strategy companies use to optimize revenue by charging higher prices during periods of high demand and lower prices during periods of low ...
The Ethical Dilemma of Dynamic Pricing in Ticketing - LinkedIn
Their use of dynamic pricing and behavioural nudges isn't just frustrating for fans—it raises ethical issues that demand our attention. But what ...
What is dynamic pricing? | Algolia
Some ethical concerns about dynamic pricing include: ... For some companies, the tides may be beginning to turn in a more ethically correct ...
Mapping the Ethicality of Algorithmic Pricing
Both dynamic pricing (based on market factors like supply and ... Ethics literature on algorithmic pricing to identify key ethical issues.
From Oasis to AI: Implementing ethical dynamic pricing with AI
Dynamic pricing is a strategy where prices for goods or services change based on current market conditions, such as demand, supply, or time.
Value creation in an algorithmic world: Towards an ethics of ...
Dynamic pricing approaches facilitate rapid and accurate matching of pricing to value. In its purest sense this can be seen in “pay what you want” and other ...
Ethical Considerations in Dynamic Pricing - FasterCapital
Dynamic pricing can be perceived as unfair, discriminatory, and potentially harmful to certain groups of customers.
Ethics of Dynamic Pricing: Balancing Profitability and Fairness
In this CloudSeed article, we'll get into the ethical ramifications of dynamic pricing, what businesses need to watch out for, and how to implement best ...
What are some ethical considerations related to dynamic pricing?
Some ethical considerations related to dynamic pricing include fairness, transparency, and potential discrimination. It's important that businesses using ...
Dynamic Pricing: When Should Retailers Bother? - Forbes
Dynamic pricing is the act of changing a price multiple times throughout the day or week. There is some expectation that the frequency of price ...
The Ethics of Dynamic Pricing: Fair Profit With Happy Customers
Although both consumers and corporations can benefit from dynamic pricing, moral issues must be resolved. Without assigning blame, we will ...
Value creation in an algorithmic world: Towards an ethics of
This paper expands the literature on pricing ethics by conceptualizing the ethical challenges raised by the contemporary use of dynamic pricing. We propose ...
Ticketmaster Under Fire: The Ethics of Dynamic Pricing at Concerts
Ticketmaster has faced significant backlash for its practice of dynamic pricing, a system where ticket prices rise based on demand.
Dynamic Pricing in History, Economics, and Ethics - Sage Knowledge
The case considers dynamic pricing as a concern of history, economy, and ethics. It raises the wider question of whether static prices will hold nationwide, or ...
Is "Dynamic Pricing" Ethical? : r/Games - Reddit
With dynamic pricing, the person that would willingly pay more for the game gets screwed, no doubt about it. They are paying more than they ...