Electronic commerce has enabled the use of intelligent agent technologies that can evaluate buyers, customize, and price in real-time. Our model of an electronic market with customizable products analyzes the pricing, profitability and welfare implications of agent-based technologies that price dynamically, based on product preference information revealed by consumers. We find that in making th...

The global pandemic has a serious impact on economic and social development of all countries. production demand many industries have greatly shrunk. However, the takeout industry in United States is an exception. Under influence COVID-19, supply American increased significantly compared with that before pandemic. market become increasingly hot. Once current environment changes, it uncertain whe...

Data is increasingly being purchased online in data markets and REST APIs have emerged as a favored method to acquire such data. Typically, sellers charge buyers based on how much data they purchase. In many scenarios, buyers need to make repeated calls to the seller’s API. The challenge is then for buyers to keep track of the data they purchase and avoid purchasing the same data twice. In this...

We consider the problem of a monopolist who must sell her inventory before some deadline, facing n buyers with independent private values. The monopolist posts prices but has no commitment power. The seller faces a basic trade-off between imperfect price discrimination and maintaining an effective reserve price. When there is only one unit and only a few buyers, the seller essentially posts una...

Retail buying is a particular form of industrial buying, one characterised by buying for the purposes of reselling to the ultimate customer, rather than for use. Retail buyers have a complex role. They are responsible for meeting the requirements of their target customers and they also have to manage relationships with suppliers in order to obtain the best terms and conditions. Modern retailing...

Customer-to-customer (C2C) markets, such as eBay, provide a platform allowing customers to engage in business with each other. The success of a C2C market requires an appropriate pricing (i.e., transaction fee charged by the market owner) scheme that can maximize the market owner’s revenue while encouraging customers to participate in the market. However, the choice of an optimal revenue-maximi...