Showing 1 - 10 of 22
Online applications and services automate communications and transactions between firms and consumers, promising large efficiency gains. However, consumers have been slow to use these online technologies intensively, despite widespread adoption of the internet. Customers frequently undergo a...
Persistent link: https://www.econbiz.de/10005459403
monopolistic seller’s optimal consumer network structure formation (seeding, segmentation, sequencing, and pricing strategies …) under network effects. We demonstrate the importance of adoption sequencing as well as controllability over the seeding … the seeding process, with both multiplicative and additive forms of network effects, we show that all segments contain …
Persistent link: https://www.econbiz.de/10010905452
The advance selling strategy is implemented when a firm offers consumers the opportunity to order its product in advance of the regular selling season. Advance selling reduces uncertainty for both the firm and the buyer and enables the firm to update its forecast of future demand. The...
Persistent link: https://www.econbiz.de/10010905455
This paper studies the competition between firms for influencers in a network. Firms spend effort to convince … value of an influencer only depends on the in-degree distribution of the influence network. Influencers who exclusively … profits are reduced as the network becomes dense. …
Persistent link: https://www.econbiz.de/10010905472
, when the consumer social network is not well-connected, characterized by low social group inter-connectivity and low … informative prior beliefs about which product has a good fit. In contrast, when the consumer social network is well …
Persistent link: https://www.econbiz.de/10010930536
explanations for this finding on the absence of network effects, and outline our plans for future developments of this on …
Persistent link: https://www.econbiz.de/10010584163
We analyze the linking and versioning strategies of a media firm when facing competition from blogs, search engines and news aggregators. First, we show that when the publisher competes against a blog it is less likely to release a “fighting version” if this generates significant spillovers...
Persistent link: https://www.econbiz.de/10010584164
A significant body of literature in information systems, marketing, and economics has shown the important implication of the distinction between experience products and search products (“product typeâ€) on consumer information search, marketplace design, and firm strategy. However, how...
Persistent link: https://www.econbiz.de/10011148600
We study oligopolistic firms' incentives to share customer information about past purchase history in a situation where firms are uncertain about whether a particular consumer considers the product offerings complements or substitutes. By addressing this new type of behavior-based price...
Persistent link: https://www.econbiz.de/10005585473
The increasing pervasiveness of the Internet has dramatically changed the way that consumers shop for goods. Consumer-generated product reviews have become a valuable source of information for customers, who read the reviews and decide whether to buy the product based on the information...
Persistent link: https://www.econbiz.de/10005585475