Dynamic, or demand-based pricing, is a sophisticated pricing technology where prices are continuously reviewed and fine-tuned based on the relationship between supply and demand. Consequently, dynamically set prices can change over time and more accurately reflect the current market value of a product or service. Dynamic pricing is successfully used worldwide in various sectors, not only by airlines, hotels, Airbnb, and Uber, but also by the Metropolitan Opera, Broadway theaters in New York, several major cinema chains abroad, and numerous significant sports teams across different disciplines.