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2. Good–better–best - Wikipedia

   en.wikipedia.org/wiki/Good–better–best

   Good–better–best pricing takes advantage of consumers' anchoring bias; for example, when Williams-Sonoma sold a bread machine for $279, then introduced a premium bread machine for $429, the premium machine did not sell well, but the original model's sales almost doubled, because customers reasoned that the $279 model was a better value. [3]

3. Value-based pricing - Wikipedia

   en.wikipedia.org/wiki/Value-based_pricing

   Value-based price, also called value-optimized pricing or charging what the market will bear, is a market-driven pricing strategy which sets the price of a good or service according to its perceived or estimated value. [1]

4. Tiered Internet service - Wikipedia

   en.wikipedia.org/wiki/Tiered_Internet_service

   Tiered service structures allow users to select from a small set of tiers at progressively increasing price points to receive the product or products best suited to their needs. Such systems are frequently seen in the telecommunications field, specifically when it comes to wireless service , digital and cable television options, and broadband ...

5. Price discrimination - Wikipedia

   en.wikipedia.org/wiki/Price_discrimination

   For price discrimination to succeed, a seller must have market power, such as a dominant market share, product uniqueness, sole pricing power, etc. [9] Some prices under price discrimination may be lower than the price charged by a single-price monopolist. Price discrimination can be utilized by a monopolist to recapture some deadweight loss.

6. Freemium - Wikipedia

   en.wikipedia.org/wiki/Freemium

   In the freemium business model, business tiers start with a "free" tier. Freemium, a portmanteau of the words "free" and "premium", is a pricing strategy by which a basic product or service is provided free of charge, but money (a premium) is charged for additional features, services, or virtual (online) or physical (offline) goods that expand the functionality of the free version of the software.

7. Trinomial tree - Wikipedia

   en.wikipedia.org/wiki/Trinomial_Tree

   The trinomial tree is a lattice-based computational model used in financial mathematics to price options. It was developed by Phelim Boyle in 1986. It is an extension of the binomial options pricing model, and is conceptually similar. It can also be shown that the approach is equivalent to the explicit finite difference method for option ...