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Localized price promotions as quality signal in a public observable network
Campbell, James D. - In: Quantitative marketing and economics : QME 13 (2015) 1, pp. 27-57
Persistent link: https://www.econbiz.de/10010506299
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Consumption network effects
De Giorgi, Giacomo; Frederiksen, Anders; Pistaferri, Luigi - 2016
In this paper we study the relevance and mechanics of consumption network effects. We use long panel data on the entire Danish population to construct a measure of consumption based on administrative tax records, and define the peer groups in terms of workplace, occupation, education, and age....
Persistent link: https://www.econbiz.de/10011484599
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Consumer Information Networks
Miegielsen, Simon - 2014
This paper examines the informativeness of consumer information networks and their effect on price competition between … and as such become better informed. The main result of this paper shows how informative such networks are by … degree of competition, as consumers comparing more prices induce firms to compete more fiercely. We find that larger networks …
Persistent link: https://www.econbiz.de/10013045761
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Efficient Recommender Systems
Bergemann, Dirk; Ozmen, Deran - 2006
We study the efficient allocation of buyers in the presence of recommender systems. A recommender system affects the market in two ways: (i) it creates value by reducing product uncertainty for the customers and hence (ii) its recommendations can be offered as add-ons, which generates...
Persistent link: https://www.econbiz.de/10014057016
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Optimal Pricing with Recommender Systems
Bergemann, Dirk; Ozmen, Deran - 2006
We study optimal pricing in the presence of recommender systems. A recommender system affects the market in two ways: (i) it creates value by reducing product uncertainty for the customers and hence (ii) its recommendations can be offered as add-ons which generate informational externalities....
Persistent link: https://www.econbiz.de/10014059057
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Direct Marketing to a Network of Consumers
Campbell, James David - 2011
This paper considers duopolistic firms targeting informative messages to consumers who share information locally with … efficient targeting and possible preemption by a competitor's message. Under gentle price competition, duopolists saturate the …
Persistent link: https://www.econbiz.de/10014044211
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Signaling to a Network of Consumers
Campbell, James David - 2014
A firm’s choices can shape patterns of consumer communication about its product. This paper examines the problem for a firm that can both set price and target sales when selling a product of hidden, exogenous quality over two sales rounds to consumers who share information locally with their...
Persistent link: https://www.econbiz.de/10014044472
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Modeling Web Evolution
Vafopoulos, Michalis N.; Amarantidis, Efstathios; … - 2014
the Internet traffic and the Web graph indicated the scale-free structure of the Web and other Complex Networks. Going a …
Persistent link: https://www.econbiz.de/10014187040
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Truly costly search and word-of-mouth communication
Atayev, Atabek - 2021
In markets with search frictions, consumers can acquire information about goods either through costly search or from friends via word-of-mouth (WOM) communication. How do sellers’ market power react to a very large increase in the number of consumers’ friends with whom they engage in WOM?...
Persistent link: https://www.econbiz.de/10012671888
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Information acquisition and diffusion in markets
Atayev, Atabek; Janssen, Maarten C. W. - 2021
Consumers can acquire information through their own search efforts or through their social network. Information diffusion via word-of-mouth communication leads to some consumers free-riding on their “friends” and less information acquisition via active search. Free-riding also has an...
Persistent link: https://www.econbiz.de/10012672128