If you do use dynamic pricing and you measure things carefully you can compute/deduce the price-demand function. It's not a straight line, as most people would intuit and that article assumes for simplicity, but the analysis in that article can be applied to non-linear systems. Dynamic pricing allows you to start that analysis.
If you do use dynamic pricing and you measure things carefully you can compute/deduce the price-demand function. It's not a straight line, as most people would intuit and that article assumes for simplicity, but the analysis in that article can be applied to non-linear systems. Dynamic pricing allows you to start that analysis.