Showing 1 - 10 of 10
Consumer adoption and usage of mobile communication and multimedia content services has been growing steadily over the past few years in many countries around the world. In this paper, we develop and estimate a structural model of user behavior and learning with regard to content generation and...
Persistent link: https://www.econbiz.de/10008479194
to analyze the social learning mechanism and its effect on the seller's pricing decision. This analysis borrows from the … literature on social learning and on pricing and revenue management. Consumers follow a naive decision rule and, under some … heterogeneity of quality preferences. Two pricing strategies are studied: a static price and a single price change. Properties of …
Persistent link: https://www.econbiz.de/10010905450
Abstract I model dynamic product design along price and non-price dimensions by a firm in a market with positive network externalities between consumers. In the case of a usage fee, I provide conditions under which the steady state (SS) is unique and show that the introductory price is negative...
Persistent link: https://www.econbiz.de/10010934839
This paper studies a "market creating" firm (platform) that offers a matching environment by charging an access fee to a population of high and low type users who wish to form a match. We focus on an environment where users only observe a signal of their randomly assigned partner's type and...
Persistent link: https://www.econbiz.de/10009358868
Motivated by policy makers' recent interest in reducing switching costs in various network industries to increase competition, this paper investigates how switching costs affect market outcome in such industries. The results show that the effects of switching costs on market concentration and...
Persistent link: https://www.econbiz.de/10008456814
strategies like “skimming” or “penetration pricing” with beta launches. This analysis is done for products of branded and … pricing and advertising on the beta launch strategy. …
Persistent link: https://www.econbiz.de/10005760643
, we find that when costs in the original game are convex, the resulting equivalent pricing game also has convex costs …. Further, for a broad class of models exhibiting constant returns to investment, the resulting pricing game is equivalent to a …
Persistent link: https://www.econbiz.de/10005184809
We analyze the behavior of start-ups in e-commerce, namely on Austria's leading price-comparison-site, a multi-product environment with almost complete information. We use weekly panel data on price-quotes of digicams, Audio/HiFi-equipment and hardware. We furthermore use advanced estimation...
Persistent link: https://www.econbiz.de/10005459401
to analyze the social learning mechanism and its effect on the seller's pricing decision. Consumers follow an intuitive …. Two pricing policies are studied: a static price, and one with a single price change. Finally, numerical experiments … suggest that pricing policies that account for social learning may increase revenues considerably relative to policies that do …
Persistent link: https://www.econbiz.de/10010584157
In Cournot's model of complements, the producers of A and B are both monopolists. This paper extends Cournot's model to allow for competition between complements on one side of the market. Consider two complements, A and B, where the A+B bundle is valuable only when purchased together. Good A is...
Persistent link: https://www.econbiz.de/10005622751