Showing 1 - 10 of 4,418
observing prices. In a noisy learning environment, price discrimination can be detrimental to the firm and beneficial to the …
Persistent link: https://www.econbiz.de/10013035017
We address the issue of risk aversion in a competitive equilibrium when some buyers engage in learning and information … is conveyed through the price system. Specifically, since the learning process yields uncertainty, we study the effect of …
Persistent link: https://www.econbiz.de/10013028361
products. We propose and estimate a Bayesian learning model of tariff and usage choice that explains this "flat-rate bias …
Persistent link: https://www.econbiz.de/10014059541
learning among adopters by manipulating the launch sequence when both the decision maker and adopters can learn about the …
Persistent link: https://www.econbiz.de/10014210148
We study optimal experimentation by a monopolistic platform in a two-sided market framework. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
Persistent link: https://www.econbiz.de/10009381848
optimal level. This interplay between learning and surplus extraction is crucial to the market outcome and its dynamics. …
Persistent link: https://www.econbiz.de/10010518802
We study optimal experimentation by a monopolistic platform in a two-sided mar- ket. The platform provider faces uncertainty about the strength of the externality each side is exerting on the other. It maximizes the expected present value of its profit stream in a continuous-time...
Persistent link: https://www.econbiz.de/10011490256
optimal level. This interplay between learning and surplus extraction is crucial to the market outcome and its dynamics …
Persistent link: https://www.econbiz.de/10013022496
optimal level. This interplay between learning and surplus extraction is crucial to the market outcome and its dynamics …
Persistent link: https://www.econbiz.de/10013037492
We study dynamic market competition between a monopoly incumbent and an entrant experimenting with disruptive …
Persistent link: https://www.econbiz.de/10014238984