Economic and Game theory models in data pricing and theories behind them Durgaprasad C 1 Contents 1 Introduction 3 2 Economic Models for Data Pricing 3 2.1 Demand Analysis. [...] The objective of this report is to provide readers with a thorough grasp of the economic and game-theoretic factors that influence data pricing strate- gies. [...] 2 Economic Models for Data Pricing Economic models are simplified representations of empirical data used to ex- plain and predict economic behaviors and outcomes. [...] By analyzing competitors’ pricing strategies, businesses can de- cide whether to adopt penetration pricing to gain market share quickly, price skimming to maximize profits initially, or competitive pricing to attract price- sensitive customers. [...] Regularly benchmark- ing against competitors through SWOT analysis and market share evaluation provides insights into pricing power and market influence, enabling businesses to adjust their pricing strategies to maintain a competitive edge and maximize profitability.
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Table of Contents
- Durgaprasad C 1
- Contents 2
- 1 Introduction 3
- 2 Economic Models for Data Pricing 3
- 2.1 Demand Analysis 3
- 2.2 Competition Analysis 4
- 2.3 Cost Structures 4
- 2.4 Market Analysis 5
- 3 Game Theory and Data Pricing 5
- 3.1 Players and Strategies 5
- 3.2 Nash Equilibrium 6
- 3.3 Price Discrimination 6
- 4 Data Pricing Models 6
- 4.1 Tiered Pricing 6
- 4.2 Usage-Based Pricing 7
- 4.3 Location-Based Pricing 7
- 4.4 Common Data Pricing Approaches 8
- 5 Theories Behind Data Pricing Models 9
- 5.1 Value Pricing 9
- 5.2 Network Effects 10
- 5.3 Information Asymmetry 10
- 5.4 Fairness and Equity 10
- 6 Case Studies 11
- 6.1 Google Cloud 11
- 6.2 Amazon Web Services AWS 12
- 6.3 Netflix 12
- 7 Conclusion 13
- 8 References 13
