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MKTSCI
2010
92views more  MKTSCI 2010»
9 years 8 months ago
Optimal Reverse-Pricing Mechanisms
Reverse pricing is a market mechanism under which a consumer's bid for a product leads to a sale if the bid exceeds a hidden acceptance threshold the seller has set in advanc...
Martin Spann, Robert Zeithammer, Gerald Häubl
WINE
2010
Springer
153views Economy» more  WINE 2010»
9 years 11 months ago
Approximation Schemes for Sequential Posted Pricing in Multi-unit Auctions
We design algorithms for computing approximately revenue-maximizing sequential postedpricing mechanisms (SPM) in K-unit auctions, in a standard Bayesian model. A seller has K copi...
Tanmoy Chakraborty, Eyal Even-Dar, Sudipto Guha, Y...
TCCI
2010
9 years 11 months ago
A Cross-Cultural Multi-agent Model of Opportunism in Trade
According to transaction cost economics, contracts are always incomplete and offer opportunities to defect. Some level of trust is a sine qua non for trade. If the seller is better...
Gert Jan Hofstede, Catholijn M. Jonker, Tim Verwaa...
ISR
2007
10 years 1 months ago
Product Development and Pricing Strategy for Information Goods Under Heterogeneous Outside Opportunities
This paper considers a two-stage development problem for information goods with costless quality degradation. In our model, a seller of information goods faces customers that are ...
Ying-Ju Chen, Sridhar Seshadri
DA
2010
82views more  DA 2010»
10 years 1 months ago
Procurement Auctions for Differentiated Goods
: We consider two mechanisms to procure differentiated goods: the request for quote and an English auction with bidding credits. In the request for quote, each seller submits a pri...
Jason Shachat, J. Todd Swarthout
CORR
2008
Springer
134views Education» more  CORR 2008»
10 years 1 months ago
Online Ad Slotting With Cancellations
Many advertisers (bidders) use Internet systems to buy advertisements on publishers' webpages or on traditional media such as radio, TV and newsprint. They seek a simple, onl...
Florin Constantin, Jon Feldman, S. Muthukrishnan, ...
AAAI
2006
10 years 2 months ago
Mechanisms for Partial Information Elicitation: The Truth, but Not the Whole Truth
We examine a setting in which a buyer wishes to purchase probabilistic information from some agent. The seller must invest effort in order to gain access to the information, and m...
Aviv Zohar, Jeffrey S. Rosenschein
ICC
2007
IEEE
10 years 7 months ago
Security Flaws in Kuribayashi-Tanaka Fingerprinting Protocol
— The buyer-seller watermarking protocol enables a seller to successfully identify at least one traitor from a pirated copy, while prevent the seller from framing an innocent buy...
Yongdong Wu
HICSS
2010
IEEE
131views Biometrics» more  HICSS 2010»
10 years 8 months ago
Using "Last-Minute" Sales for Vertical Differentiation on the Internet
In Internet based commerce, sellers often use multiple distribution channels for the sale of standard consumer goods. We study a model of second degree price discrimination in whi...
Ori Marom, Abraham Seidmann
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