Compare and contrast surge pricing and congestion pricing. Give an example of each currently in use.
Auctions and Dynamic Pricing Description Overview There are many types of auctions, each with strengths and weaknesses at uncovering the real price or value of an item. Auctions are widely used in finance, e-commerce, and e-games. They are also widely used to generate revenue for not-for-profit organizations. The following video describes auctions as price […]