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Digital platforms have a widely-documented issue with bias, which can impact their bottom line via missed opportunities, bad publicity, or even legal action. There is evidence that bias decreases when a platform conveys a signal of quality for underrepresented groups. This paper studies the...
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This paper analyzes optimal pricing for information goods under incomplete information,when both unlimited-usage (fixed-fee) pricing and usage-based pricing are feasible. For ageneral set of customer characteristics, it is shown that in the presence of contract administrationcosts, offering...
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We present a model of dynamic monopoly pricing for a good that displaysnetwork effects. In contrast with the standard notion of arational-expectations equilibrium, we model consumers as boundedlyrational, and unable either to pay immediate attention to each pricechange, or to make accurate...
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A number of unstructured or partially structured electronic secondary markets existto enable the sale and trading of goods between consumers. Many tend to be self-administeringUseNet groups, or WWW sites for niche products; however, there hasbeen significant recent growth in the number of more...
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We model the bilateral threat of entry between firms in two industries, which is characteristic of a number of IT industries. An endogenous choice of product scope by firms in each industry affects both the extent of product differentiation for incumbent oligopolists as well as the fixed costs...
Persistent link: https://www.econbiz.de/10012766084
A number of technology products display positive network effects, and are used invariable quantities by heterogeneous customers. Examples include operating systems, infrastructureand back-end software, web services and networking equipment. This paper studies optimalnonlinear pricing for such...
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