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Management

Long-term pricing for products and services

This article describes how market prices could be used to set the right incentive to achieve long term growth. These days – in general – you need to have market power to be profitable. Market power means you need to a have a significant market share or monopolist position. In this position you are likely […]

Categories
Management

AI-Impact for Insurers and Lawyers

Financial services quickly embraced new technology because its use in generating value was readily apparent to investors and customers. Gathering information in real-time and timing transactions based on the steady flow of information helps financial industry players and customers at same time. Impact for Insurers The insurance business revolves around measuring and pricing risks. In […]

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Management

Mobility and Event-Based Pricing

Pricing services is often arcane, taking into account many factors beyond simple supply and demand. As our world becomes more complicated and connected, it’s likely that mobility and event-based pricing will increase and become more complicated. We’re already familiar with the basics of this. It costs more to ride a subway train during rush hour […]