dynamic pricing

The Uk Smart Meter Transition: Industry Structure, Market Power, and Interoperability

Economics, Electricity, Energy markets, Regulation, Technology / By

The UK government started an energy digital smart meter rollout in 2008, an “… £11bn scheme to put 53m devices in 30m homes and small businesses by 2020” to yield an estimated gross benefit of £16.7bn. Calling the rollout a disaster would be generous — it’s behind schedule, about £1bn over budget, and full of technical …

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The Political Economy of Uber’s Multi-dimensional Creative Destruction

3 Comments / Economics, Regulation, Technology / By

Over the past week it’s been hard to keep up with the news about Uber. Uber’s creative destruction is rapid, and occurring on multiple dimensions in different places. And while the focus right now is on Uber’s disruption in the shared transportation market, I suspect that more disruption will arise in other markets too. Start …

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Frontiers in Dynamic Pricing: Spot Advertising Auctions

3 Comments / Economics, Technology / By

Lynne Kiesling According to this Ars Technica story (and a linked Bloomberg article), Facebook is going to offer a new advertising model to its potential advertisers: a spot auction for real-time ads based on changes in current events or time-sensitive things like sporting event results. The service, called Facebook Exchange, will use partnerships with other …

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Dynamic Pricing and Technology in Different Markets

1 Comment / Economics / By

Lynne Kiesling Dynamic pricing has long been a topic of great interest here, in large part because digital technology is increasingly making it feasible to implement dynamic pricing in retail electricity markets in ways that can be acceptable to consumers. But dynamic pricing is fraught with challenges, and not just in retail electricity markets. Dynamic …

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Faruqui and Toney Debate Smart Meters and Dynamic Pricing

Electricity, Energy markets / By

Michael Giberson Dr. Ahmad Faruqui of The Brattle Group and Dr. Mark Toney of TURN discuss dynamic pricing for retail electric customers in a February 17, 2011 event in San Francisco. Part 1: [vimeo 20206833 w=600&h=400] Part 2 Q&A: [vimeo 20216539 w=600&h=400] I’ve only had time to watch a bit of this, but with Faruqui and Toney …

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Dynamic Pricing of Street Parking in San Francisco

2 Comments / Economics / By

Lynne Kiesling In all of the discussion this week of Tyler’s NYT column on pricing and constructing lot parking, an innovation in pricing street parking has been overlooked. Under a new pilot project in San Francisco called SFpark, street parking will now be priced using dynamic pricing. According to SFpark’s description, To help achieve the …

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