Pricing Strategy of Online Knowledge Market: The Analysis of Google Answers
This article addresses the different levels of pricing strategies for an online knowledge market. Based on the best practice from Google Answers, an online knowledge market is modeled as a marketplace where consumers ask and researchers answer questions to make knowledge transactions. Consumers optimally price their questions to obtain answers, and a firm maintains the online knowledge market by determining the optimal price allocation to researchers. Our study identifies two types of consumers, spin-off and mainstream, based on whether additional utilities will be derived from the market. In addition, we investigate how the firm can use minimal and maximal posting prices to regulate the knowledge market.
Year of publication: |
2008
|
---|---|
Authors: | Zuopeng ("Justin") Zhang ; Jasimuddin, Sajjad M. |
Published in: |
International Journal of E-Business Research (IJEBR). - IGI Global, ISSN 1548-1131. - Vol. 4.2008, 1, p. 55-68
|
Publisher: |
IGI Global |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Jasimuddin, Sajjad M., (2016)
-
Saci, Fateh, (2021)
-
An econometric analysis of international air travel demand in Saudi Arabia
Abed, Seraj Y., (2001)
- More ...