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Pros & Cons
Pros
It is widely practiced. This is unashamedly the purpose of this book. If you don't know or are curious about what the ultimatum game is, including it's many variations, this is the book to read.
Book is one of those few game-changer books that you come across maybe 4 times in a lifetime. Careful measurements by colorful character gradually overturns entrenched orthodoxy.
Many of us think we are pretty savvy; we compare prices, shop the sales, really believe things are discounted. We call placing the first price on the table anchoring, because it pulls the final result toward itself. The insights and discoveries in pri... Read More
William poundstone draws from research in psychophysics (the study of sensory perceptions) and behavioral economics to explore the subject of pricing. Poundstone traces the relevant psychology research from its start in 1940s and 1950s.
Cons
A better choice is cheap, which dynamically show the history, methods and movement in determing prices.
Highlights
Quality
Ive kept it going and have impressed all my distributors and customers with the excellent upgrades and changes i have made to our products
After reading this and having been able to step back a bit i can see the pricing information at work and my own product lines
I would highly recommend to anyone whos already familiar with the primary sources that are referenced throughout the book
Apparently and ironically amazon is in a pricing battle with the publisher over kindle ebook pricing in general
Price
A good compilation of studies and examples to understand how price is a matter of perception and how perception can be manipulated
Here is the basic lesson of the book prices are not an absolute and the perception of a fair price is subject to manipulation ... Read More
Shipping
But apparently it is not currently shipping from amazon
But i couldnt without incurring shipping fees because amazon had delisted the hardcover book from their catalog
No problems with the seller item nor shipping
Packaging/appearance
Then i also printed it out with the list of things done in the remodel done before my husbands death which the crappy appraiser... Read More
Competitiveness
I use its insights in negotiating pricing with customers in my principal business
This is a wonderful review of the pricing research that exists in the world
Poundstone writes a thoroughly enjoyable book that plumbs the depths of both positive and negative motivations when it comes to... Read More
I ended up buying my 2nd copy from a competitor to amazon at a higher price
Overview
- How are reviewers describing this item?
many, most, good and great. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has determined that the review content quality is high and informative.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 260 reviews as of our last analysis date on May 24 2022.
Helpful InsightsBETA
Posted by a reviewer on Amazon
Author william poundstone does not have the same indepth academic knowledge as the other authors and cannot explain the experiments quite as well
Posted by a reviewer on Amazon
The book is structured into four parts the more you ask for the more you get black is white with a bright ring around it incoherence is more than skindeep and pricing is a dangerous lever
Posted by a reviewer on Amazon
The subject of prices is a tricky one
Posted by a reviewer on Amazon
But most books on the subject fail to go past the tagging of these phenomenon and mocking at our own irrationality
Posted by a reviewer on Amazon
They spend inordinate time going after the classical theories
Posted by a reviewer on Amazon
To be sure the wellwritten book has the usual things one gets in other books the namedropping jargonizing experiments that reveal the counterintuitive aspects of our behaviour etc
Posted by a reviewer on Amazon
But apparently it is not currently shipping from amazon
Posted by a reviewer on Amazon
I checked the authors website to see if perhaps there were shortages due to its recent introduction
Review Count History
Price History
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