Business: pricing

R. told me that the her boss still sets price in an arbitrary manner. This is a bit surprising, because systematic pricing methods are the norms in many industries, such as airline, hotel, car rental.

My guess is that these are all big companies. They can afford PHDs. For small firms, they may not be willing to hire PHDs. But pricing is in undergraduate or MBA curriculum. That is where the gaps lies.

I should find collaborations.

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