Versioning Information Goods

@inproceedings{Varian1995VersioningIG,
  title={Versioning Information Goods},
  author={Hal R. Varian},
  year={1995}
}
One prominent feature of information goods is that they have large fixed costs of production, and small variable costs of reproduction. Cost-based pricing makes little sense in this context; value-based pricing is much more appropriate. Different consumers may have radically different values for a particular information good, so techniques for differential… CONTINUE READING

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