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Pricing Mechanism in Information Goods

Xinming Li, Huaqing Wang

arXiv 5 Mar 2018 · Econometrics

arXiv:1803.01530 · PDF · DOI · OpenAlex

Abstract

We study three pricing mechanisms' performance and their effects on the participants in the data industry from the data supply chain perspective. A win-win pricing strategy for the players in the data supply chain is proposed. We obtain analytical solutions in each pricing mechanism, including the decentralized and centralized pricing, Nash Bargaining pricing, and revenue sharing mechanism.

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