An explanation for the multi-million dollar books on Amazon – algorithmic pricing

At first I thought it was a joke – a graduate student with too much time on their hands. But there were TWO new copies for sale, each offered for well over a million dollars. And the two sellers seemed not only legit, but fairly big time (over 8,000 and 125,000 ratings in the last year …

Dynamically priced seats – Baseball is using big data to improve ticket sales

“We work with half of baseball right now,” said Barry Kahn, CEO of Qcue, a company that helps teams sell dynamically priced tickets. That’s up from just four teams at the start of last season (2011). In all, 17 of 30 Major League teams will use dynamic pricing this season, according to Ticket News. via …