When Fixed Price Meets Priority Auctions: Competing Firms with Different Pricing and Service Rules

DOI10.1287/STSY.2018.0021MaRDI QIDQ5113891zbMATH OpenOpenAlexWikidataFDO

Authors Jiayang Gao, Krishnamurthy Iyer, Huseyin Topaloglu

Publication date 18 June 2020

Published in Stochastic Systems (Search for Journal in Brave)

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1287/stsy.2018.0021

zbMATH Keywords

pricinggames/group decisionsmarketing, competitionmarketing, priorityqueues, bidding/auctions

Mathematics Subject Classification ID

Applications of game theory (91A80) Auctions, bargaining, bidding and selling, and other market models (91B26) Microeconomic theory (price theory and economic markets) (91B24)

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• Optimal priority pricing by a durable goods monopolist

Cites work

• scientific article; zbMATH DE number 1266748 (Why is no real title available?)
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• Algorithmic Game Theory
• An Exploration in the Theory of Optimum Income Taxation
• Decentralized Regulation of a Queue
• Infinite dimensional analysis. A hitchhiker's guide.
• Monopoly and product quality
• Online Auction and List Price Revenue Management
• Optimal Auction Design
• Optimal Incentive-Compatible Priority Pricing for the M/M/1 Queue
• Optimum Bribing for Queue Position
• Price and service discrimination in queuing systems: incentive compatibility of Gc\(\mu \) scheduling
• Pricing and priority auctions in queueing systems with a generalized delay cost structure
• Priority auctions and queue disciplines that depend on processing time
• Purchasing Priorities in Queues
• Stable priority purchasing in queues
• To queue or not to queue: equilibrium behavior in queueing systems.

Cited in

(5)

• Pre-announced posted pricing scheme: existence and uniqueness of equilibrium bidding strategy
• Technical note -- pricing and prioritization in a duopoly with self-selecting, heterogeneous, time-sensitive customers under low utilization
• Technical note -- On revenue management with strategic customers choosing when and what to buy
• Price and delay competition between two service providers
• Bilateral “pricing” for consultation companies’ competition considering customers’ switching behavior

Describes a project that uses

Uses Software

• Azure

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