Similar Search Results

Optimizing Reserve Prices in Display Advertising Auctions

Choi, Hana; Mela, Carl F. - 2023

This paper considers how a publisher should set reserve prices for real-time bidding (RTB) auctions when selling …

Persistent link: https://www.econbiz.de/10014343903

How do sellers benefit from buy-it-now prices in Ebay auctions? : an experimental investigation

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2018

In Buy-It-Now (BIN, hereafter) auctions, sellers can make a "take-it-or-leave-it" price offer (BIN price) prior to an … to auction prices substantially below those expected in second-price auctions. Our results reveal that the observed price … BIN prices to eBay auctions has an enhancing effect: the eBay BIN auction is more efficient and generates significantly …

Persistent link: https://www.econbiz.de/10011902715

How do sellers benefit from Buy-It-Now prices in eBay auctions?

Grebe, Tim; Ivanova-Stenzel, Radosveta; Kröger, Sabine - 2019

We investigate experimentally on eBay how sellers set prices in "Buy-It-Now" (BIN) auctions. We find that the eBay … format leads to prices substantially below those expected in second-price auctions. Moreover, our results reveal that the …

Persistent link: https://www.econbiz.de/10012309640

The Oligopolistic Pricing Problem - A Suggested Price Freeze Remedy

Sagi, Guy - 2007

In this paper I set forth an antitrust remedy for the oligopolistic pricing problem. Oligopoly pricing resembles a repeated prisoners' dilemma game. Each firm has an incentive to moderately lower its price and thus increase its sales at its competitors' expense. However, each firm knows that its...

Persistent link: https://www.econbiz.de/10014049971

Mergers in Durable Goods Markets with Rational Customers

Reitman, David S. - 2002

The existing literature on mergers in durable goods industries suggests that such mergers will produce much less harm to consumer welfare in the first few years following the merger than mergers in non-durable goods industries, particularly if the pre-merger stock can be kept in service for a...

Persistent link: https://www.econbiz.de/10014123869

Chapter 21 The Economics of Books

Canoy, Marcel; van Ours, Jan C.; van der Ploeg, Frederick - In: Handbook of the economics of art and culture : volume 1, (pp. 721-761). 2006

This chapter analyses the tensions between books and book markets as expressions of culture and books as products in profit-making businesses and includes insights from the theory of industrial organisation. Governments intervene in the market for books through laws concerning prices of books,...

Persistent link: https://www.econbiz.de/10014023808

Dynamic Pricing and Demand Volatility : Evidence from Restaurant Food Delivery

MacKay, Alexander; Svartbäck, Dennis; Ekholm, Anders G. - 2022

Pricing technology that allows firms to rapidly adjust prices has two potential benefits. Prices can respond more rapidly to demand shocks, leading to higher revenues. On the other hand, time-varying prices can be used to smooth out demand across periods, reducing costs in markets with capacity...

Persistent link: https://www.econbiz.de/10014030395

Regulatory Pricing Rules to Neutralize Network Dominance

Economides, Nicholas; Lopomo, Giuseppe; Woroch, Glenn A. - 2008

This paper evaluates the effectiveness of several pricing rules intended to promote entry into a network industry dominated by an incumbent carrier. Drawing on the work of Cournot and Hotelling, we develop a model of competition between two interconnected networks. In a symmetric equilibrium,...

Persistent link: https://www.econbiz.de/10014030714

Nonlinear Pricing : Evidence of Price Discrimination in the Fluid Milk Market

Wallace, Benjamin - 2018

Persistent link: https://www.econbiz.de/10012922674

The Freemium Pricing Strategy and the Opportunity Cost of Time

Cai, Gaoyang; Spulber, Daniel F. - 2023

Firms are using freemium pricing strategies in many industries, including software, mobile apps, games, and streaming music and video. Freemium combines free services supported by advertising with premium services supported by subscriptions. We obtain the firm's optimal pricing strategy when...

Persistent link: https://www.econbiz.de/10014344018