Must read if you ever shop online.
Will you pay more for those shoes before 7 p.m.? Would the price tag be different if you lived in the suburbs? Standard prices and simple discounts are giving way to far more exotic strategies, designed to extract every last dollar from the consumer.
Insightful article worth reading from The Economist, Jan 18th, 2014:
Previous technological innovation has always delivered more long-run employment, not less. But things can change.
There is a sweet spot between fast-tracking and delaying. From the Jul 7th 2012 edition of The Economist:
By Thomas Goetz
The biology of business
Biologists have brought rigour to psychology, sociology and even economics. Now they are turning their attention to the softest science of all: management
Jeffrey Pfeffer’s book, “Power: Why Some People Have It — and Others Don’t” is supposed to be partly a “how-to” guide to rising to the top. My favorite tip: there is no point at which flattery becomes ineffective.
Why some people have power over companies and others don’t