Viewing profile — aelhaji

I see that most responses in the thread focus on the technical challenge, while in reality this barely will reflect on your ability to monetize. Monetization is almost always NOT a…

No, that statement is a subjective assessment. Any company, including shell companies, will have business activity on paper. In other words, there are invoices, financing or a comb…

Here you go! https://www.nature.com/articles/s41586-021-03250-7

So when can we expect DeepMind vs OpenAI?

Frictionless retail and ecommerce

Depends on what you would like to focus on. If you want to capture the complete demand curve for a product, then you're right. In that case the participants shouldn't be aware of a…

It's done with so-called value induced auctions. In this type of auction you simply bid on a voucher that's worth $x dollars, where x is different for each participant. Theory pred…

Let's say that the first bidder placed as a proxy bid $100 but eBay only shows $1. This will already exclude everyone who has a maximum-willingness-to-pay lower than or equal to $1…

The basic problem is what price to set. You don't want to take the risk to set the price too high (probability of not selling at all) but at the same time you don't want to set the…

That's simply not true. If your maximum willingness-to-pay for a SaaS solution is, let's say $5 per month, then a Vickrey auction will reveal that and the seller can decide to sell…

The eBay application isn't really appropriate because eBay always reveals the highest bid, which removes the incentive to reveal if you have a lower willingness-to-pay. A pure appl…

I agree that skin in the game matters. But my point is a bit more subtle. Imagine the following situation: I present you a new product and I'm going to ask you how much you're will…

"Asking people what they’d pay for and how much rarely works." Yes, asking a person about what he or she is willing to pay _hypothetically_ doesn't work. But there are numerous sci…

Sent you an email.

The elephant in the room is the lack of true dynamic pricing in SaaS. Dynamic pricing optimizes value capture and at the same time unlocks more value to users who otherwise would b…