Pricing in a World of Chaos

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How many times have you and your company, debated and fought over the potential outcomes of a particular pricing strategy, only to have seemingly random, unpredictable factors rear their ugly heads? How many analytical tools have you used: game theory, forecasting, market research, decision-tree analyses… only to realize that none of these was able to help predict much beyond the next quarter or less. Welcome to our wonderful world of chaos!

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How many times have you and your company, debated and fought over the potential outcomes of a particular pricing strategy, only to have seemingly random, unpredictable factors rear their ugly heads? How many analytical tools have you used: game theory, forecasting, market research, decision-tree analyses… only to realize that none of these was able to help predict much beyond the next quarter or less. Welcome to our wonderful world of chaos!