haku: @author Fishburn, P. / yhteensä: 2
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| Tekijä: | Fishburn, P. Odlyzko, A. |
| Otsikko: | Competitive pricing of information goods: subscription pricing versus pay-per-use |
| Lehti: | Economic Theory
1999 : VOL. 13:2, p. 447-470 |
| Asiasana: | ECONOMICS COMPETITION PRICING |
| Kieli: | eng |
| Tiivistelmä: | The authors investigate the existence and implications of competitive equilibria when two firms offer the same electronic goods under different pricing policies. One charges a fixed subscription fee per period; the other charges on a per-use basis. Two models are examined when firms' marginal costs are neglible and they can revise prices periodically. Both show that competition often leads to ruinous price wars in the absence of collusion. |
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