Firms increasingly deploy algorithmic pricing approaches to determine what to charge for
their goods and services. Algorithmic pricing can discriminate prices both dynamically over …

The Internet of Things (IoT) has connected an incredible diversity of devices in novel ways,
which has enabled exciting new services and opportunities. Unfortunately, IoT systems also …

Retail operation practice has empirically demonstrated that menu costs (ie, the costs of
adjusting a price) play a critical role in retailer pricing decisions. In this paper, we propose …

Can variants of the classic Calvo (1983) model of sticky prices account for the statistical
behavior of post-war US inflation? We develop and test versions of the model for which the …

The choice and implementation of pricing strategy is often described as an optimization
problem where the firm chooses the most profitable pricing strategy given certain external …

This paper documents producer price setting in 6 countries of the euro area: Germany,
France, Italy, Spain, Belgium and Portugal. It collects evidence from available studies on …

This article explores the intersection of pricing strategies and pricing capabilities by
summarizing four distinct streams of research. By doing so, it provides insights into the …

Value creation and value appropriation are fundamental strategic processes. Both can be
analyzed at the level of the individual manager, an organization or at the systemic level. On …

The authors develop a conceptual framework of the factors that motivate a retailer's decision
to rely on demand conditions and past prices in setting current and future prices …

Achieving an effective business design across the Internet and the off-line channel is a
critical concern for a hybrid firm's choice of pricing strategy. Two pricing models are …