Dynamic Pricing in the Presence of Social Learning and Strategic ...

Dynamic pricing in the presence of participation-dependent social ...

Economics, Econometrics and Finance · Learning Process · Online Reviews · Pricing · Pricing Policy · Pricing Strategy · Strategic Interaction ...

Dynamic pricing in the presence of social externalities and

We find that a penetration pricing strategy can be both strengthened or weakened by forward-looking consumer behavior depending on the underlying dynamics. Our ...

Dynamic pricing in the presence of social externalities and reference ...

Papanastasiou, Dynamic pricing in the presence of social learning and strategic consumers, Manage Sci, № 63, с. 919 https://doi.org/10.1287/mnsc.2015.2378 ...

Induced Social Learning and Optimal Dynamic Pricing

Our model shows that the seller could potentially control the information available to future customers and induce social learning by using ...

Dynamic pricing in the presence of social externalities and reference ...

In the benchmark scenario, the firm adopts a skimming pricing strategy, and the demand is increasing over time. In the absence of WoM and ...

367 Dynamic Pricing under Social Learning with Strategic Consumers

Literature finds that in such a scenario optimal pricing strategy generates a super-martingale price sequence, i.e. on an average prices decrease with time.1 ...

Pricing for the Stars - Christoph Carnehl

Page 1. Pricing for the Stars. Dynamic Pricing in the Presence ... Scarsini (2017): “Monopoly pricing in the presence of social learning,” ...

Dynamic pricing and advertising in the presence of strategic ... - OUCI

Moretti, Social learning and peer effects in consumption: evidence from movie sales, Rev Econ Stud, № 78, с. 356 https://doi.org/10.1093/restud/rdq014 ...

Dynamic Pricing Strategies for Social Networks in the Presence of ...

Abstract—We propose a dynamic pricing strategy for max- imizing the revenue of a seller who wishes to sell a divisible service (good) to buyers (agents) ...

Monopoly Pricing with Participation‐Dependent Social Learning ...

We study how such a new learning process affects the service provider's dynamic pricing strategy in four different market scenarios, depending on whether the ...

Dynamic pricing strategies for social networks in the presence of ...

Abstract: We propose a dynamic pricing strategy for maximizing the revenue of a seller who wishes to sell a divisible service (good) to buyers (agents) ...

10 Cool Things Your Business Can Do with Dynamic Pricing - Pricefx

Dynamic pricing is a pricing strategy that involves modifying the prices of products or services based on real-time fluctuations of price drivers.

Dynamic Pricing under Cost Reduction in the Presence of Myopic ...

To forecast the reaction of the whole market under cost reduction, it is necessary to acquire the strategic properties. In this paper, we study ...

Dynamic Pricing Strategies with Reference Effects - Academia.edu

This paper investigates how the presence of social learning affects the strategic interaction between a dynamic-pricing monopolist and a forward-looking ...

Research review of dynamic pricing strategy based on strategic ...

Deals in the Presence of Customer Learning. University of Toronto working paper, (2005). [8] Su Xuanming; Intertemporal Pricing with Strategic Customer Behavior ...

Dynamic Pricing Strategy | Simon-Kucher

Dynamic pricing involves adjusting prices in real-time based on market conditions, customer behavior, and the competitive landscape.

Dynamic pricing strategy for content products considering consumer ...

(2017), “Dynamic pricing in the presence of social learning and strategic consumers”, Management Science, Vol. 63 No. 4, pp. 919-939, doi: 10.1287/mnsc ...

Dynamic pricing and inventory management in the presence of ...

(2022) study the optimal pricing in a social network with strategic customers. In this paper, we charac- terize the network effect induced by ...

Dynamic pricing and inventory management in the presence of ...

Customers who purchase the product may post reviews that would influence future customers' purchasing behaviors. We develop a stochastic joint pricing and ...

Consumer Learning and a Firm's Dynamic Pricing Strategy

However my model predicts an optimal pricing strategy entails a low initial price to accelerate social learning, and gradually raising the price as Chobani's ...