The hidden psychology behind simple pricing amid the rise of AI

The hidden psychology behind simple pricing amid the rise of AI

With the rise of artificial intelligence and big data, businesses can fine-tune prices to try to maximize profit. But new research from UW-Milwaukee suggests the opposite can be true: Fewer, better-designed price points may work better.

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Lubar entrepreneurship center receives $1 million donation

Milwaukee entrepreneur and UWM alum Jerry Jendusa has given $1 million to the Lubar Center for Entrepreneurship. The gift will support an entrepreneur-in-residence program that will allow students to learn from people who have started their own companies. “Providing students with access to entrepreneurs creates a dynamic, learning-rich environment,” Jendusa said. “Big entrepreneurial ideas start […]