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Supreme Court Ruling Sparks Explosion in Sports Betting

By James T. Berger October 16, 2019

As expected, last spring’s Supreme Court ruling, which struck down the 1992 law that banned commercial sports betting in most states, has…

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The Many Flavors of Price Variance

By Nathan L. Phipps October 16, 2019

One of the most insightful steps of any pricing project is identifying and investigating price variances. Price variances are price differences that…

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The Purpose of Business and Pricing

By Tim J. Smith, PhD October 16, 2019

Milton Friedman must be turning over in his grave. 49 years after penning an op-ed in the New York Times on the…

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Amazon Prime

Target and Walmart Score Some Points Against Amazon

By Nathan L. Phipps September 13, 2019

Anyone who follows the retail industry is aware of the relentless ascent of Amazon, a tech giant that has completely transformed the…

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The New Invisible Hand: Five Revolutions in the Digital Economy

What I (Re)Learned from Writing a Book

By Kyle T. Westra September 13, 2019

My book, The New Invisible Hand: Five Revolutions in the Digital Economy, has been out for six weeks, and I’ve been floored…

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“The Great Hack” and Cambridge Analytica - A Chilling View of Market Research Gone Wild

“The Great Hack” – A Chilling View of Market Research Gone Wild

By James T. Berger September 12, 2019

The other day my daughter told me to watch the documentary The Great Hack on Netflix.  As a student and teacher of…

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Strategic Movements: September 2019

By Tim J. Smith, PhD September 12, 2019

J.M. Smucker Co Passed Input Savings onto Price Cuts. Profits? They fell of course. Q2 2019 found that net sales (revenue) decreased…

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Organizing for pricing excellence: the pricing organization

Organizing for Pricing Excellence

By Tim J. Smith, PhD September 12, 2019

What organizational factors make for pricing excellence in a company? Moorman and Day discussed the academic research on the development of excellence…

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Sigmoid Price Response Function

The Relationship of Price and Demand

By Nathan L. Phipps August 16, 2019

For this article, I am going to discuss how we model the relationship between price and demand. Most people have an intuitive…

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The New Invisible Hand: Five Revolutions in the Digital Economy

Being Threatened by Bill Gates

By Kyle T. Westra August 16, 2019

The following is an excerpt from my new Amazon bestseller, The New Invisible Hand: Five Revolutions in the Digital Economy. This story…

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