Two-sided platforms are often coupled with exclusive hardware products that connect two sides of users, the consumers of the hardware product (i.e., buyers) and the application developers (i.e., sellers). The hardware product in the platform business model introduces three important issues that...

Airports have become platforms that derive revenues from both aeronautical and commercial activities. The demand for these services is characterized by a one-way complementarity in that only air travelers can purchase retail goods at the airport terminals. We analyze a model of optimal airport...

Price delegation is a widely observed business practice. In a market where firms compete on contractual terms ex ante and on price ex post, we study price delegation with and without limitation: limited price delegation versus full price delegation. We find that limited price delegation with a...

Though the two-part tariff is a widely adopted pricing strategy, research on it is lacking. In this paper, we establish a model of a two-part tariff product with persuasive advertising, informative advertising, and process innovation using optimal control theory. We apply Taylor’s theorem to...

This paper studies the effect of consumer myopia on the interplay between core and side downstream markets in monopoly and duopoly platforms. Our results highlight the relevance of consumer myopia in strategic platform decisions

This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set stability concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with...

The primary objective of the paper is to identify the pattern of non-linear pricing in the E-Commerce market and its usage. This paper investigates the post-digitization non-linear pricing strategy of selling commodities.The paper shows that in the digital market place non-linear pricing...

This paper undertakes a critical review of the prospect that self-learning pricing algorithms will lead to widespread collusion independently of the intervention and participation of humans. There is no concrete evidence, no example yet, and no antitrust case that self-learning pricing...