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Crowdfunding is quickly emerging as an alternative to traditional methods of funding new products. In a crowdfunding campaign, a seller solicits financial contributions from a crowd, usually in the form of pre-buying an unrealized product, and commits to producing the product if the total amount...
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We consider a media service provider that gives customers access to digital goods by either means of subscription fees or rentals. In our model, different types of users repeatedly use a platform over a period of time. The rate of usage varies across different customers. There are also multiple...
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We consider the problem of selling a single item to $n$ unit-demand buyers to maximize revenue, where the buyers' values are independently distributed (not necessarily identical) according to publicly known distributions but unknown to the buyers themselves, with the option of allowing buyers to...
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We consider a two-sided streaming service platform which generates revenues by charging users a subscription fee for unlimited access to the content and compensates content providers (artists) through a revenue-sharing allocation rule. Platform users are heterogeneous in both their overall...
Persistent link: https://www.econbiz.de/10012504348
We consider descending price auctions for selling m units of a good to unit demand i.i.d. buyers where there is an exogenous bound of k on the number of price levels the auction clock can take. The auctioneer's problem is to choose price levels p_1 p_2 ... p_k for the auction clock such that...
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Consider a mechanism run by an auctioneer who can use both payment and inspection instruments to incentivize agents. The timeline of the events is as follows. Based on a pre-specified allocation rule and the reported values of agents, the auctioneer allocates the item and secures the reported...
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