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Priceline.com, an online travel agency offered a name your own price option. However, by 2005, Priceline began to de-emphasize this system, [10] and added published price options on its websites. [9] A 2014 academic study showed that posted prices can guarantee higher profitability to service providers than the name-your-own-price mechanism. [11]
Priceline.com experimented with selling gasoline and groceries under the Name Your Own Price model in 2000, at the height of the dot-com bubble, through a partially owned affiliate, WebHouse Club. Priceline got into the online auction business with Priceline Yard Sales , where individuals would use the Priceline system to haggle for various ...
There has to be more of an economic theory behind the Name Your Own Price system, at the very least as a kind of bidding. It seems to me a rather important innovation in the evolution of the Price system. 71.246.25.169 21:15, 15 January 2006 (UTC)
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Different designs of progressive lenses have more or less of this distortion. Fitting: Progressive lenses require careful placement relative to the wearer's pupil centre for a distance-viewing reference position. Incorrect specification of the fitting location can cause problems for the wearer including (depending on the design of the lens ...
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