Showing 1 - 10 of 97
This paper analyzes optimal pricing for information goods underincomplete information, when both unlimited-usage (fixed-fee) pricingand usage-based pricing are feasible and administering usage-basedpricing may involve transaction costs. It is shown that offeringfixed-fee pricing in addition to a...
Persistent link: https://www.econbiz.de/10009435049
Die Elektronisierung der Finanzmärkte ist in den letzten Jahren weit vorangeschritten. Praktisch jede Börse verfügt über ein elektronisches Handelssystem. In diesem Kontext beschreibt der Begriff Algorithmic Trading ein Phänomen, bei dem Computerprogramme den Menschen im Wertpapierhandel...
Persistent link: https://www.econbiz.de/10009449077
Die Liberalisierung der Elektrizitätsmärkte in Europa hat zu einem deutlichen Strukturwandel der Energiewirtschaft geführt; Überkapazitäten und Wettbewerbsdruck bewirkten eine erhebliche Umorientierung in den Energieversorgungsunternehmen. Durch die zunehmende Liquidität des kurzfristigen...
Persistent link: https://www.econbiz.de/10009467406
We develop an analytical framework to investigate the competitiveimplications of personalized pricing and quality allocation (PPQ),whereby rms charge di¤erent prices and o¤erdi¤erent qualities to di¤erent consumers, based on theirwillingness to pay. We embed PPQ in a model of...
Persistent link: https://www.econbiz.de/10009435031
of price discrimination in the software industryusing a large e-commerce panel data set gathered from Amazon …
Persistent link: https://www.econbiz.de/10009435033
This paper analyzes the optimal choice of pricing schedules andtechnological deterrence levels in a market with digital piracy wheresellers can influence the degree of piracy by implementing digitalrights management (DRM) systems. It is shown that a monopolist’soptimal pricing schedule can be...
Persistent link: https://www.econbiz.de/10009435048
Electronic commerce has enabled the use of intelligent agenttechnologies that can evaluate buyers, customize products, and price inreal-time. Our model of an electronic market with customizable productsanalyzes the pricing, profitability and welfare implications ofagent-based technologies that...
Persistent link: https://www.econbiz.de/10009435055
We test the effect of entry on the tariff choices of incumbent cellularfirms. We relate the change in the breadth of calling plans between1996, when incumbents enjoyed a duopoly market, and 1998, whenincumbents faced increased competition from personal communicationsservices (PCS) firms. Entry...
Persistent link: https://www.econbiz.de/10009435072
We present a framework for measuring software quality using pricing anddemand data, and empirical estimates that … quantify the extent of qualitydegradation associated with software ver- sioning. Using a 7-month,108-product panel of software … sales from Amazon.com, we document theextent to which quality varies across different software versions,estimating quality …
Persistent link: https://www.econbiz.de/10009435087
-demand software, digital music, streamedvideo-on-demand and grid computing. These goods are often modeled asinformation goods with …-demand software, digital music, streamedvideo-on-demand and grid computing. These goods are often modeled asinformation goods with …
Persistent link: https://www.econbiz.de/10009435101