Getting price right : the behavioral economics of profitable pricing /

"Managerial pricing decisions lead to surprisingly counterintuitive-seemingly irrational-behaviors, often contradicting what traditional economics predicts. However, sometimes these misunderstood behaviors are in fact more rational than they appear. How do leaders, managers, and proprietors go...

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Détails bibliographiques
Auteur principal: Smith, Gerald, 1953- (Auteur)
Format: Licensed eBooks
Langue:anglais
Publié: New York : Columbia University Press [2021]
Accès en ligne:https://www.jstor.org/stable/10.7312/smit19070
Table des matières:
  • Part I. Behavioral economics of everyday pricing decisions. Pricing orientation, pricing strategy
  • Framing and strategic frames of reference
  • Psychological pricing orientation : psychological price-setting biases and skills
  • Social pricing orientation : cultural price-setting biases and skills
  • Part II. Behavioral economics of cardinal pricing orientations. Cost-driven pricing orientation biases and skills
  • Customer value-driven pricing orientation biases and skills
  • Customer willingness-to-pay-driven pricing orientation biases and skills
  • Competition-driven pricing orientation biases and skills
  • Balanced pricing orientations, profitable pricing strategy.