Method of development of the price of an innovative product on the basis of its usefulness for the end user

Authors

  • D.V. Mihaylov Moscow State University of Economics, Statistics, and Informatics (MESI)

Keywords:

usefulness, pricing, innovative product

Abstract

The article addresses the following questions: 1) the possibility of applying the concept of “usefulness” in the pricing of the innovation product; 2) the mathematical definition of the product; 3) the technique of application of this device in the development of the price of the innovation product, desired, theoretically acceptable to the end-user.

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Author Biography

  • D.V. Mihaylov, Moscow State University of Economics, Statistics, and Informatics (MESI)

    Postgraduate Student

References

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Published

2012-06-30

How to Cite

Mihaylov, D. (2012). Method of development of the price of an innovative product on the basis of its usefulness for the end user. Eurasian Journal of Economics and Management, 2, 219-225. https://journals.vsu.ru/econ/article/view/9823