Downloading multimedia content from the Internet becomes more and more popular. Consumers have more to consider than just the name of the artist or the title of the content when t...
We examine the effect of a market pricing policy designed to attract high-valued traders in a multiple market context using JCAT software. Our experiments show that a simple change...
Abstract We study optimal pricing in the presence of recommender systems. A recommender system affects the market in two ways: (i) it creates value by reducing product uncertaint...
The advent of electronic commerce enables retailers to set prices via automated algorithms. This paper employs the method of experimental economics to examine human behavior in en...
Traditionally, network operators have only used simple flat-rate unlimited data plans to vie for customers. But today, with the popularity of mobile devices and exponential growt...
Soumya Sen, Carlee Joe-Wong, Sangtae Ha, Mung Chia...