Versioning Goods and Joint Purchases with Network Externality
نویسندگان
چکیده
منابع مشابه
Versioning information goods with network externalities
Positive externalities characterize the consumption of a majority class of information goods and services such as software, e-mail, and online content and services including virtual communities. We show that network externality is critical for the market segmentation and product line decisions of an information goods seller. With externality, a monopoly of multiple existing products offers exac...
متن کاملMarket Segmentation for Information Goods with Network Externality: a Note
Positive externalities characterize the consumption of a majority of information goods such as software and online content services including virtual communities. We show that network externality is critical for the market segmentation and product line structure of such information goods. A monopoly of multiple existing products offers exactly two distinct qualities. Essential for such a limite...
متن کاملVersioning Information Goods
One prominent feature of information goods is that they have large fixed costs of production, and small variable costs of reproduction. Cost-based pricing makes little sense in this context; value-based pricing is much more appropriate. Different consumers may have radically different values for a particular information good, so techniques for differential pricing become very important. There a...
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We consider the case of a digital product with externality, where the product can be sold to multiple buyers who experience some disutility from other firms or consumers owning the same product. We model the problem of selling a digital product with externality as an auction and apply a Bayesian optimal mechanism design. We also design constant-approximation algorithms in the prior-free setting...
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We present an overlapping-generations (OLG) macroeconomic model that applies a behavioral interpretation of preferences for goods that generate health risks. In this paper proneness to poor health is viewed as a cognitive miscalculation by economic agents between their expected health state over various consumption bundles and the actual health care they require for their health outcome. To mod...
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ژورنال
عنوان ژورنال: Prague Economic Papers
سال: 2019
ISSN: 1210-0455,2336-730X
DOI: 10.18267/j.pep.702