Thursday, August 15, 2024

The relevance of Price Theory

Good read on why pricing theory is so relevant, applied as framework to see the world and not just to find a correct answer. Pricing, a domain within Economics, is a social science and not an exact one…and thy is why it can be that fun! “…Since price theory is really just a way of thinking, price theoretic training requires coming up with possible explanations for these puzzling questions using the tools that you have learned…”

- Pedro

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