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Persistent link: https://www.econbiz.de/10011823162
We study the problem of optimal dynamic pricing for a monopolist selling a product to consumers in a social network. In the proposed model, the only means of spread of information about the product is via Word of Mouth communication; consumers' knowledge of the product is only through friends...
Persistent link: https://www.econbiz.de/10013032494
Persistent link: https://www.econbiz.de/10012131438
We study optimal contracting between a firm selling a divisible good that exhibits positive externality and a group of agents in a social network. The extent of externality that each agent receives from the consumption of neighboring agents is privately held and is unknown to the firm. By...
Persistent link: https://www.econbiz.de/10011750141