Pricing Models for Electronic Resources: What's on the Menu?
نویسندگان
چکیده
منابع مشابه
Menu Pricing and Learning
We address the question of designing dynamic menus to sell experience goods. A dynamic menu consists of a set of price-quantity pairs in each period. The quality of the product is initially unknown, and more information is generated through experimentation. The amount of information in the market is increasing in the total quantity sold in each period, and the rm can control the information o...
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Dynamic pricing is the dynamic adjustment of prices to consumers depending upon the value these customers attribute to a product or service. Today’s digital economy is ready for dynamic pricing; however recent research has shown that the prices will have to be adjusted in fairly sophisticated ways, based on sound mathematical models, to derive the benefits of dynamic pricing. This article attem...
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This work shows the early stages of the development of a collaborative-filtering-inspired adaptive system to streamline the ordering process at restaurants that use electronic menu systems. Among other results, the proposed system achieved a reduction of the session duration, while increasing feedback given by restaurant guests.
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attempts have been made to study the thermodynamic behavior of 1,3 butadiene purification columns with the aim of retrofitting those columns to more energy efficient separation schemes. 1,3 butadiene is purified in two columns in series through being separated from methyl acetylene and 1,2 butadiene in the first and second column respectively. comparisons have been made among different therm...
SELLING EXPERIMENTS: MENU PRICING OF INFORMATION By
A monopolist sells informative experiments to heterogeneous buyers. Buyers differ in their prior information, and hence in their willingness to pay for additional signals. The monopolist can profitably offer a menu of experiments. We show that, even under costless information acquisition and free degrading of information, the optimal menu is quite coarse. The seller offers at most two experimen...
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ژورنال
عنوان ژورنال: Against the Grain
سال: 2006
ISSN: 2380-176X
DOI: 10.7771/2380-176x.4953