lukestein’s Twitter Archive

…in reply to @arpitrage
@arpitrage This is great but so not-necessary-for-Phoenix*. I can’t remember the last time I saw every cash register open at our grocery store—they manage congestion by staffing more/fewer cashiers. *Not necessary for congestion but may be possible as price-discrimination tool.
On twitter.com ♻️ 4 Retweets ❤️ 2 Favorites 2019 Mar 10 Mood +3 🙂

…in reply to @lukestein
@arpitrage And OMG the deals that the manufacturers were negotiating with the stores: *so* complicated. This is not “we’ll give you Oreos for $20 a case.” Highly nonlinear pricing (with cross-product interactions) with shelf location, in-store promos, use/non-use of coupons and sales, …
Permalink On twitter.com ♻️ 4 Retweets ❤️ 1 Favorite 2019 Mar 10 Mood 0
…in reply to @lukestein
@arpitrage Oh man this makes me nostalgic for my consulting days, where supermarket/CPG economics turned out consistently to be so much more interesting than first glances suggested.
Permalink On twitter.com ♻️ 4 Retweets ❤️ 2 Favorites 2019 Mar 10 Mood +2 🙂