Paczkowski, Walter R.
Pricing Analytics: Models and Advanced Quantitative Techniques for Product Pricing
- ISBN 13:
- 9781138623934
- author:
- Paczkowski, Walter R.
- format:
- Paperback / softback
- publisher:
- Routledge
- language:
- English
- Publication Year:
- 2018
- Pages:
- 318
- Dimensions:
- 23.5 x 15.9 centimetres (0.51 kg
- Genre:
- Business, General, Business,
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Pricing Analytics Models and Advanced Quantitative Techniques for Product Pricing by Walter R. Paczkowski is a comprehensive guide to statistical modeling in pricing. At its core, this book shows how data-driven approaches can inform product pricing decisions. The author provides a solid foundation in economic theory and statistical principles, which are then applied to develop advanced models for choice and sales data analysis. Elasticity estimation is a key focus, as it measures the effects of pricing on business metrics. The book also covers experimental design principles, model estimation approaches, and analysis methods for choice models. By combining these components, readers will gain a deeper understanding of how statistical modeling can be used to optimize product pricing strategies.
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