In a recent blog post, I described how the dual ticket pricing at India’s Taj Mahal fails on many levels. Here is what is wrong with it: Instead of charging tourists different prices based on whether ...

At its core, price discrimination is a sensible pricing strategy that provides added value to both, the organization using it and its customers. Its logic is simple. Different consumer groups pay ...

On Wednesday, the Louvre Museum in Paris raised admission prices for most non-European visitors by nearly half in an attempt to shore up its finances following repeated strikes, chronic overcrowding, ...