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Tagged with optimization pricing
3 questions
1
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0
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38
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The centralized shift from barter to currency economy
Suppose some ancient king of small bronze age city-state wants to introduce universal currency instead of barter that is currently in overwhelming practice in his kingdom. In order to smooth the shift,...
0
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2
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152
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Economies of scale: when is it disadvantageous?
So, I watched a video on economies of scale. It makes sense to me but I'm wondering, is there a point where say doubling the production rate makes the product even more expensive? How can I figure out ...
4
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0
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206
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Dynamic demand model in many good competitive markets and price optimization
This is a question about demand models, price optimization, dynamic pricing, big data, online learning, so I will cross-post in other communities.
$\mathbf{Background}$
I am interested in dynamic ...