Pricing Function

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A Pricing Function is a mathematical model used to determine the price of goods, services, or financial assets.



References

2024

  • GPT-4
    • A pricing function in the broadest sense is a mathematical function or model that inputs various factors to output a price. It's essential across many sectors for setting prices that reflect value, costs, market dynamics, and strategic objectives. The sophistication of pricing functions can range from simple formulas to advanced predictive models, especially in financial markets where they play a crucial role in asset valuation and trading strategies.