People of a certain age may remember typical long-distance calling rates of dollars per minute. In the past couple of decades, however, long-distance rates have dropped to pennies per minute. Recently ...
FLAT-RATE PRICING is all around you. It is the common form of commerce for most of the things you buy and almost all of the things you consume. The doctor who, long ago, took care of your mother and ...
Verizon Wireless is applying the Internet-access pricing model to its mobile, high-speed data business, offering what it called an “all you can eat” flat-rate price of $99.99 a month to high-use ...
Beginning in June, the nation's largest wireless carrier plans to offer unlimited wireless data service over its 1xRTT CDMA Express Network for $99.99 per month. The pricing is open to all business ...
All-you-can-eat buffets highlight an economic idea known as the flat rate pricing bias. To explain how it works, our Planet Money team went to the buffet capital of America: Las Vegas. Our colleagues ...