Research paper explores impact of AI on pricing decisions

A research paper co-written by Simon Professor Jeanine Miklos-Thal explores the impact of AI on pricing decisions.

The Impact of AI Design on Pricing - Scholars at Harvard

... paper, these choices can have a material impact on the observed price outcomes. ... sequential pricing.” Amsterdam Law School Research Paper no.

Artificial Intelligence and Pricing - ResearchGate

... Another area of research related to the online channel has examined the rising frequency of price changes, often associated with the surge in artificial ...

ARTIFICIAL INTELLIGENCE AND PRICING - Diego Aparicio

decisions. In this review article, we provide a survey of research in the area of AI and pricing. On the upside, research has shown that algorithms allow ...

Dynamic Pricing Strategies Using Artificial Intelligence Algorithm

Pricing strategies can have a huge impact on a company's success. This paper focuses on the advantages and disadvantages of using artificial intelligence in ...

Exploring the Impact of AI on the Economics of BigLaw

Advice to BigLaw Firms: AI investment decisions should focus on profitable revenue, competitive advantage, and improved legal outcomes. This ...

Pricing Strategies of AI-enabled and Regular Products - IEEE Xplore

In addition, this study also explores the impact of price sensitivity and cross-price sensitivity on the manufacturer's optimal pricing decisions. The ...

The impact of artificial intelligence design on pricing | Request PDF

... Dynamic pricing strategies: AI algorithms can analyze market trends, competitor pricing, and customer behavior to dynamically adjust pricing ...

How AI Is Transforming Price Planning in Retail - Competera

We explore the current landscape of artificial intelligence (AI) within pricing strategies, as well as the technology's overarching advantages in regard to ...

How AI Can Help Companies Set Prices More Ethically

We're in a new era of supercharged price discrimination, made possible by two major scientific and technological trends. First, AI algorithms — ...

Overcoming Retail Complexity with AI-Powered Pricing | BCG

Retailers can harness the power of AI to optimize individual price decisions instead of focusing on average prices across their assortment. De- ...

AI-Driven Dynamic Pricing Strategies for Subscription Features

incorporation of artificial intelligence (AI) into pricing strategies. This paper explores the complex field of AI-driven dynamic pricing strategies, with a ...

The Use of Artificial Intelligence in Dynamic Pricing Strategies

This research is conducted as a literature review to systemically explore and select articles and other sources that include points that address the ad-.

ai-driven dynamic pricing strategies for subscription features ...

... artificial intelligence (AI) into pricing strategies. This paper explores the complex field of AI-driven dynamic pricing strategies, with a ...

Perspective: Responsible AI for Pricing - PROS

Buyers need clarity on the factors influencing AI-generated outputs. More precisely, AI pricing decisions must be explainable. Companies must be able ...

The Impact Of Artificial Intelligence On Pricing Strategies

By leveraging AI, Uber is able to dynamically adjust prices to match supply and demand, ensuring that passengers can always find a ride when they need one. The ...

Pricing and Artificial Intelligence: A Match Made in Heaven?

With the ability to analyze vast amounts of data in real time, AI algorithms offer the potential to identify optimal pricing for products or ...

Ethical implications of AI in pricing and sales prediction

As AI systems become integral to pricing decisions, ensuring accountability becomes paramount. The paper explores mechanisms for ...

Pricing optimization using AI: The evolution in pricing and important ...

In this article, we explore how AI helps companies in pricing optimization, emphasizing the importance of it in today's fast paced world ...

Understanding of Price Optimization using AI | Priceva

Embracing AI in pricing decisions allows for the analysis of vast amounts of data, enabling businesses to identify the optimal price points ...