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Urgency as a pricing strategy

In my very recently-past life as a finance journalist, I wrote about topics like high frequency trading and so-called latency arbitrage. Both of these terms refer, broadly speaking, to the arms race...

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“you’ve probably asked a customer for a “ballpark price” at some point. Well,...

“you’ve probably asked a customer for a “ballpark price” at some point. Well, that’s just backwards. Think about it for a moment. There is no reasonable economic justification for a customer to offer...

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