Dynamic pricing allows greater pricing flexibility by accounting for real-time changes in consumer demand.
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It also employs dynamic pricing that fluctuates depending on the supply of cars and rider demand.
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For example, while interning for Hernandez, he asked I look up information on dynamic pricing.
Cities meanwhile can manage on-street parking in real-time and do things like set up dynamic pricing.
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Dynamic pricing and experimentation will continue to be a priority for us as we move forward.
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That number could easily double again, he says, with a combination of dynamic pricing and demand response.
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You know when I thought dynamic pricing was going to come in handy?
The ultimate point of smart grids, however, is to allow dynamic pricing, with electricity charges fluctuating in response to demand.
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Without dynamic pricing, the payback for smart meter investments could be as low as 14 billion euros, the Brattle report concludes.
The overall benefits of such a program could reach 67 billion euros in operational efficiencies and energy savings if dynamic pricing becomes the default.
In actuality, these can be the hardest expenses to control due to rising fuel costs, various fees and surcharges, and the dynamic pricing models made possible by e-commerce.
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The 131, 000-home smart grid test it is runnning in Illinois will offer customers a variety of dynamic pricing options, with the goal of understanding which options customers feel most comfortable with.
One possible solution to get more homes on dynamic pricing: Make it the default energy billing system, as it is for commercial and industrial customers in most parts of the country.
And, as Whitehead points out, it would have been simple enough to do, since Olympic ticketing does not get into complex dynamic pricing models that many pro sport teams do these days.
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Among other cities that have recently experimented with new parking technologies, some, including San Francisco, have introduced dynamic pricing systems that raise and lower the cost of a space in order to control the supply of available on-street spaces.
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Dynamic pricing will become bigger.
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Indeed, Uber passengers do not know the final cost of the ride until after it is over because the service not only takes into account the distance and duration of the trip, but also uses dynamic pricing in which rates change depending on supply and demand conditions.
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The Metropolitan Opera's foray into dynamic ticket pricing this season had an unintended consequence: After the company hiked prices for many seats, attendance dipped.
Under such a scenario, known as dynamic or real-time pricing, it's expected that customers will turn up the temperature of their air conditioners a few degrees to save money.
And while the state-backed oil giant can tap one of the most dynamic growth stories in the world, Petrobras faces the dual problem of pricing restrictions and mounting inflation.
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Pricing the market off forward-12-month's projected earnings is a more dynamic yardstick just so long as you get the trend and momentum right.
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