Judge Carlos T. Bea, of the U.S. Court of Appeals for the Ninth Circuit speaking during a panel discussion at the Federalist Society s 2018 National Lawyers Convention, held at The Mayflower Hotel in ...

Companies are increasingly using pricing algorithms and other AI systems to develop and improve their ability to promptly respond to market conditions, innovate product offerings, and set prices.

The original version of this story appeared in Quanta Magazine. Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price.

Hotel pricing by gut instinct and Excel spreadsheets is out. Operators are finally getting serious about revenue management. “Heads in beds.” That simple mantra drove the hotel business for decades.

New Yorkers got a little more visibility this week into when apps like Uber and DoorDash use algorithms to set prices. The state's Algorithmic Pricing Disclosure Act took effect on Monday. Under the ...

Online shoppers in New York are now seeing a new warning on product pages thanks to consumer protection legislation that took effect in early November. Particularly noticeable during Black Friday ...

Housing tends to be a key part of household wealth, but despite its importance, it has been difficult to measure the value of a property. In a new article, researchers studied the impact of a popular ...

Imagine a town with two widget merchants. Customers prefer cheaper widgets, so the merchants must compete to set the lowest price. Unhappy with their meager profits, they meet one night in a ...