Monopoly pricing and diffusion of social network goods

Shin, Euncheol

doi:10.1016/j.geb.2016.12.004

Cited by 21 publications

(21 citation statements)

References 22 publications

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“…Open competition means that the market entry barriers are sufficiently low. In this case, the profits of market participants are not too large, otherwise would come new participants that would try to sell with lower profits, which would in fact be useful to customers, and thus to ensure its sales (Mumuni et al 2016;Lai et al 2016;Shin 2017).…”

Section: Occurring Monopsony Casesmentioning

confidence: 99%

“…But three suppliers do not always guarantee competition. Monopoly is characterized by a situation where is the sole supplier in the market, but there are other reasons for which the buyer may be faced with a de facto monopoly situations (Rogers 2013;Mendoza 2016;Matsumoto, Szidarovszky 2015;Kováč, Žigić 2016;Shin 2017):…”

Section: Market Structurementioning

confidence: 99%

“…When a small number of companies dominate in the market, it is called an oligopoly. Oligopoly can describe the four-firm concentration ratio, if the market top four-firm concentration ratio is above 40 percent -then the market is considered oligopolistic (Matsumoto, Szidarovszky 2015;Rogers 2013;Kováč, Žigić 2016;Shin 2017).…”

Section: Market Concentrationmentioning

confidence: 99%

“…And this is more difficult to be measured, neither the number of participants in the market or the market structure. The participants can take part in the buyer's established rules and can compete within the limits for which several suppliers mutually agreed, what are the benefits to the suppliers' interests (Lai et al 2016;Mendoza 2016;Shin 2017). Although the activity against the reduction of competition is illegal, but it that does not mean that cartel doesn't exist.…”

Section: Competition Levelmentioning

confidence: 99%

“…The distortion of market competition conditions and circumstances, examined the following scientists: monopsony cases - Dassiou and Glycopantis (2008);OECD (2008);Matsudaira (2014);Danziger (2010); Bonanno and Lopez (2012); Barr and Roy (2008);Brennan (2011);Melnikas and Smaliukienė (2007); Strobl and Walsh (2007); monopoly cases -Mirman et al (2014);Rogers 2013;Braido and Shalders (2015); Sarafopoulos (2015); Jablanovic (2013); Willington and Ning (2014); Mumuni et al (2016); Lai et al (2016);Mendoza (2016); Matsumoto and Szidarovszky (2015); Kováč and Žigić (2016);Shin (2017).…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

International Business Negotiations: Search of the Balance and the Equilibrium of Negotiating Powers, under Distorting Market Conditions of Competition (Monopsony, Oligopsony and Monopoly Cases)

Peleckis

Peleckienė

2017

Proceedings of 5th International Scientific Conference Contemporary Issues in Business, Management and Education ‘2017

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Abstract. Certain challenges arise in business negotiations when competition in the market is more or less distorted. This can take place in various markets conditions. In such situations great possibilities open up to the development of international business relations as overclocking new market participants can provide additional alternatives for companies and organizations or other business units, by reducing the negative impact of competition distortions for the balance of negotiating power of participants in negotiations. In the development and implementation of effective international business negotiation strategy, it is important to identify the balance of negotiating power of major participants in negotiations in order to make more efficient use of the potential of business negotiations -the negotiating powers. The aim of this article is to analyze in complex the unfolding theory and practice of development and implementation of international business negotiations and negotiating strategies under distorting market competition conditions, to reveal opportunities on development and implementing improvements of these strategies in cases of monopsony, oligopsony and monopoly. Object of the research is the search of balance on negotiating powers in international business negotiations under conditions of distorted competition in the market. The scientific problem -negotiation theory lacks measures for assessment and balancing the negotiating powers of negotiation's participants under distorted market competition.

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Section: Occurring Monopsony Casesmentioning

confidence: 99%

Section: Market Structurementioning

confidence: 99%

Section: Market Concentrationmentioning

confidence: 99%

Section: Competition Levelmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

International Business Negotiations: Search of the Balance and the Equilibrium of Negotiating Powers, under Distorting Market Conditions of Competition (Monopsony, Oligopsony and Monopoly Cases)

Peleckis

Peleckienė

2017

Proceedings of 5th International Scientific Conference Contemporary Issues in Business, Management and Education ‘2017

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Multi-objective optimization model in a heterogeneous weighted network through key nodes identification in overlapping communities

Kalantari

Ghazanfari

Fathian

et al. 2020

Computers & Industrial Engineering

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Pricing and referrals in diffusion on networks

Leduc

Jackson

Johari

2017

Games and Economic Behavior

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When a new product or technology is introduced, potential consumers can learn its quality by trying it, at a risk, or by letting others try it and free-riding on the information that they generate. We propose a dynamic game to study the adoption of technologies of uncertain value, when agents are connected by a network and a monopolist seller chooses a profit-maximizing policy. Consumers with low degree (few friends) have incentives to adopt early, while consumers with high degree have incentives to free ride. The seller can induce high-degree consumers to adopt early by offering referral incentives -rewards to early adopters whose friends buy in the second period. Referral incentives thus lead to a 'double-threshold strategy' by which low and high-degree agents adopt the product early while middle-degree agents wait. We show that referral incentives are optimal on certain networks while inter-temporal price discrimination is optimal on others.

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Monopoly pricing and diffusion of social network goods

Cited by 21 publications

References 22 publications

International Business Negotiations: Search of the Balance and the Equilibrium of Negotiating Powers, under Distorting Market Conditions of Competition (Monopsony, Oligopsony and Monopoly Cases)

International Business Negotiations: Search of the Balance and the Equilibrium of Negotiating Powers, under Distorting Market Conditions of Competition (Monopsony, Oligopsony and Monopoly Cases)

Multi-objective optimization model in a heterogeneous weighted network through key nodes identification in overlapping communities

Pricing and referrals in diffusion on networks

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