发帖
雷达卡
Dynamic Pricing of New Experience Goods
Dirk Bergemann Yale University
Juuso Helsinki School of Economics and University of Southampton
We develop a dynamic model of experience goods pricing with independent
private valuations. We show that the optimal paths of sales
and prices can be described in terms of a simple dichotomy. In a mass
market, prices are declining over time. In a niche market, the optimal
prices are initially low followed by higher prices that extract surplus
from the buyers with a high willingness to pay. We consider extensions
of the model to integrate elements of social rather than private learning
and turnover among buyers.
295766.pdf
(326.11 KB, 需要: 1 个论坛币)
京公网安备 11010802022788号
