On price choice at selling of information resources
نویسندگان
چکیده
منابع مشابه
Selling Information Selling Information *
We study a dynamic buyer-seller problem in which the good is information and there are no property rights. The potential buyer is reluctant to pay for information whose value to him is uncertain, but the seller cannot credibly convey its value to the buyer without disclosing the information itself. Information comes as divisible hard evidence. We show how and why the seller can appropriate a su...
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Internet Auction is a one of the most successful e-Commerce markets. Recently, it has been reported that the trades having buyout options are increasing. A " buyout option " is available in many Internet auction sites. When a seller uses a buyout option, a " buyout price (buy price) " of the good is set by the seller. If a buyer submits a bid equal to the buyout price, the auction immediately e...
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متن کاملSelling Information
We study a buyer-seller problem in which the good is information and there are no property rights. The buyer is reluctant to pay for information whose value he does not know, but the seller cannot credibly reveal this value without disclosing the information itself. Information comes as divisible hard evidence. We show how the seller can appropriate a substantial fraction of the value through g...
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a r t i c l e i n f o a b s t r a c t JEL classification: C70 D44 D61 Keywords: Online auctions Posted price selling Buy-it-now Allocative inefficiency Random matching eBay auctions In an auction-style listing at eBay, sellers have the option to set a posted price (also known as buy-it-now price), which allows buyers to instantly purchase an item before the start of the auction. This paper prov...
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ژورنال
عنوان ژورنال: Scientific and Technical Journal of Information Technologies, Mechanics and Optics
سال: 2015
ISSN: 2226-1494
DOI: 10.17586/2226-1494-2015-15-3-517-524