Keyword: revenue maximization
DVD or Wait (4/19/2001)
Film companies can increase their revenues by releasing higher-priced DVD's before lower-priced videocassettes.
Keywords: demand elasticity, DVD, movie, price discrimination, revenue maximization, video tape, videocassette
Why Are Better Seats "Underpriced"? (10/24/2000)
Better seats might be deliberately underpriced to sell them out so as to prevent customers with cheaper seats to switch to unoccupied better and more expensive seats.
Keywords: elasticity, enforcement costs, revenue maximization, scalping, seat switching, seats, ticket, underpriced, wealth maximization