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Internet service needs to be appropriately priced, because Internet Service Providers want to remain competitive, and because pricing is increasingly seen by engineers as an essential tool for controlling network congestion. Thus, the pricing of Internet service lies at the interface of...
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We analyze and compare fixed-fee and usage-fee software pricing schemes - in fixed-fee pricing, all users pay the same price; in usage-fee pricing, the users' fees depend on the amount that they use the software (e.g., the user of an online-database service might be charged for each data query)....
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"Traditional explanations for the popularity of auctions are efficiency and revenue maximization. We argue that auctions also induce 'overbidding,' i.e., bidding above the buyer's willingness to pay for an item outside the auction. Even if only few buyers overbid, they affect prices and...
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