Pricing algorithm definition

Pricing algorithm means Predictive's proprietary pricing algorithm for each Assessment Product.

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Pricing algorithm means any computational process, including a computational process derived from machine learning or other artificial intelligence techniques, that processes data to recommend or set a price or commercial term within the jurisdiction of this state.

Pricing algorithm has the meaning set forth in Section 4.2(b)(i)(2) Settlement Controlled Price).

Examples of Pricing algorithm in a sentence

Predictive will then deliver to Cabletron a more detailed description of the product so selected, including a related service description and statement of work, together with sales training marketing materials and Pricing Algorithm, within a reasonable period of time after such selection, not to exceed [****].
With respect to an confidential information consisting of or embedded in software (including the Pricing Algorithm), the Receiving Party shall not disassemble, decompile, "scope", or reverse engineer such software without the express written consent of the Disclosing Party.
Either party may from time to time propose to the other changes in the Account terms and conditions or the Pricing Algorithm that would improve the economic performance of the Program.
Disputes regarding the Pricing Algorithm or its application shall be resolved pursuant to Article IX (Dispute Resolution).
The Pricing Algorithm will include ranges of pricing elements to provide flexibility for marketing tests and differing market conditions.
The Registry’s experts’ receipt of any Confidential Information of Google related to the Pricing Algorithm will be subject to strict non-disclosure agreements, provided that such experts may disclose their conclusions to the Registry and the Registry may disclose their conclusions to Rightsholders.
As used herein, "PROGRAM PROPRIETARY INFORMATION" means the Underwriting Algorithm, the Pricing Algorithm and the Program Information (as that term is defined in paragraph 16).
Heritage will approve the Pricing Algorithm prior to the Commencement Date.
In developing the Pricing Algorithm, Google will analyze sales data to ensure the reasonableness of the Pricing Algorithm.
The Pricing Algorithm shall base the Settlement Controlled Price of a Book, on an individual Book by Book basis, upon aggregate data collected with respect to Books that are similar to such Book and will be designed to operate in a manner that simulates how an individual Book would be priced by a Rightsholder of that Book acting in a manner to optimize revenues in respect of such Book in a competitive market, that is, assuming no change in the price of any other Book.

More Definitions of Pricing algorithm

Pricing algorithm is defined in paragraph 8.b.

Pricing algorithm. “Algorithmic device” means any analytical or computation processes that use data to recommend or predict the price of consumer goods or services a device such as a software program that uses one or more algorithms to perform calculations of non-public competitor data concerning local or statewide rents or occupancy levels, for the purpose of advising a landlord whether to leave their unit vacant or on the amount of rent that the landlord may obtain from a tenant. “Pricing algorithm” “Algorithmic device” includes a product that incorporates an pricing algorithm,

Pricing algorithm means any analytical or computation processes that use data to recommend or predict the price of consumer goods or services in direct or indirect coordination with one or more competitors, including through a third-party vendor such as a software program that uses one or more algorithms to perform calculations of competitor data concerning local or statewide rents or occupancy levels, for the purpose of advising landlords whether to leave their units vacant or on the amount of rent that landlords may obtain from tenants. “Pricing algorithm” includes a product that incorporates a pricing algorithm, but does not include (a) any report published by a trade association that receives renter data and publishes it in an aggregated and anonymous manner or (b) a product used for the purpose of establishing rent or income limits in accordance with the affordable housing guidelines of a local government, the state, the federal government, or other political subdivision.