Publication statistics

Pub. period:1998-2007
Pub. count:4
Number of co-authors:7



Co-authors

Number of publications with 3 favourite co-authors:

Vidyanand Choudhary:2
Mohammad Mahdian:1
Alok R. Chaturvedi:1

 

 

Productive colleagues

Kerem Tomak's 3 most productive colleagues in number of publications:

Peter Stone:7
Alok R. Chaturvedi:6
Vidyanand Choudhar..:5
 
 
 

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Kerem Tomak

 

Publications by Kerem Tomak (bibliography)

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2007
 
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Mahdian, Mohammad and Tomak, Kerem (2007): Towards a pay-per-action model in sponsored search. In: Gini, Maria L., Kauffman, Robert J., Sarppo, Donna, Dellarocas, Chrysanthos and Dignum, Frank (eds.) Proceedings of the 9th International Conference on Electronic Commerce - ICEC 2007 August 19-22, 2007, Minneapolis, MN, USA. pp. 87-88. Available online

2006
 
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Pardoe, David, Stone, Peter, Saar-Tsechansky, Maytal and Tomak, Kerem (2006): Adaptive mechanism design: a metalearning approach. In: Fox, Mark S. and Spencer, Bruce (eds.) Proceedings of the 8th International Conference on Electronic Commerce - ICEC 2006 2006, Fredericton, New Brunswick, Canada. pp. 92-102. Available online

1998
 
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Choudhary, Vidyanand, Tomak, Kerem and Chaturvedi, Alok (1998): Economic Benefits of Renting Software. In Journal of Organizational Computing and Electronic Commerce, 8 (4) pp. 277-305. Available online

In this article, we analyze the economics of a monopoly firm selling and renting a packaged software product by employing an intertemporal monopoly pricing game to model the firm's pricing strategy. The game models the software product as two versions; the first version is available in the first period and the second, a revised version, is available in the second period. The second version benefits from consumer reports of bugs and requests for additional features. This is modeled using delayed network externalities that take effect only in the second period. We observe that the introduction of the rental product in the first period leads to an increase in profits. We also find that the firm's profits are monotonically increasing with the intensity of the network effect. As the intensity of the network effect becomes stronger, the firm chooses to reduce its prices in the first period to expand the size of its network and later increases prices in the second period. Because many of the customers who choose to rent in the first period subsequently make a purchase in the second period, the firm is able to capture the benefits of network externalities in the first period without reducing sales in the second period. For high levels of network intensity, consumer surplus and social welfare are also higher.

© All rights reserved Choudhary et al. and/or Lawrence Erlbaum Associates

 
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Choudhary, Vidyanand, Tomak, Kerem and Chaturvedi, Alok R. (1998): Effect of Network Externalities on Software Pricing. In: HICSS 1998 1998. pp. 251-260. Available online

 
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