Re: UKNM: Dynamic price elasticity model

[Nick Young]

Thanks Sean


I'll get the book.


In message <v04210100b4fa7ad872ca@[193.82.96.101]>, Sean Phelan

<

seanmultimap [dot] com

> writes

>>Has anyone ever discovered/used/invented a way of modelling the

>>relationship between price and demand in a real-time environment? What

>>I'm struggling with is a way of modelling the impact on sales of

>>adjusting prices to meet demand in a web community (like an auction site

>>or buying club).

>>

>>Thanks

>>Nick Young

>

>Have you read Hal Varian's book? Actually Hal Varian and Carl Shapiro's

>book,

>"Information Rules" - see its web site at http://www.inforules.com/


[Sam says: book available at

http://www.chinwag.com/uk-netmarketing/books.shtml]



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