Price competition in online combinatorial markets

@article{Babaioff2014PriceCI,
  title={Price competition in online combinatorial markets},
  author={Moshe Babaioff and N. Nisan and Renato Paes Leme},
  journal={ArXiv},
  year={2014},
  volume={abs/1401.1559}
}
  • Moshe Babaioff, N. Nisan, Renato Paes Leme
  • Published 2014
  • Computer Science, Mathematics
  • ArXiv
  • We consider a single buyer with a combinatorial preference that would like to purchase related products and services from different vendors,where each vendor supplies exactly one product. We study the general case where subsets of products can be substitutes as well as complementary and analyze the game that is induced on the vendors, where a vendor's strategy is the price that he asks for his product. This model generalizes both Bertrand competition (where vendors are perfect substitutes) and… CONTINUE READING

    Topics from this paper.

    The Price of Anarchy in Auctions
    • 46
    • PDF
    Budgetary Effects on Pricing Equilibrium in Online Markets
    • 8
    • Highly Influenced
    • PDF
    The Pricing War Continues: On Competitive Multi-Item Pricing
    • 6
    • Highly Influenced
    • PDF
    Price Competition in Networked Markets: How Do Monopolies Impact Social Welfare?
    • 12
    • PDF
    Price Competition, Fluctuations and Welfare Guarantees
    • 6
    • PDF
    Pricing game of celebrities in sponsored viral marketing in online social networks with a greedy advertising platform
    • 6
    • Highly Influenced
    Price Competition of Spreaders in Profit-Maximizing Sponsored Viral Marketing
    • 2
    • Highly Influenced

    References

    Publications referenced by this paper.
    SHOWING 1-10 OF 10 REFERENCES
    Menu Auctions, Resource Allocation, and Economic Influence
    • 1,306
    • Highly Influential
    Job Matching, Coalition Formation, and Gross Substitutes
    • 1,195
    • Highly Influential
    • PDF
    The Bargaining Problem
    • 6,612
    • Highly Influential
    • PDF
    Bayesian Combinatorial Auctions
    • 115
    • Highly Influential
    • PDF
    First-price path auctions
    • 54
    • Highly Influential
    • PDF
    Discontinuous Games and Endogenous Sharing Rules
    • 277
    • Highly Influential
    First-Price Procurement Auctions
    • 3
    • Highly Influential
    • PDF
    Combination can be hard: approximability of the unique coverage problem
    • 129
    • Highly Influential
    • PDF
    Bertrand competition in networks
    • 46
    • Highly Influential
    • PDF
    Book review of theorie mathematique de la richesse sociale and of recherches sur les principles mathematiques de la theorie des richesses
    • 1883