An Overview of Information Goods Pricing

[[abstract]]Although information economy has been the focus of considerable research, no unified and exhaustive classification model for current pricing methods exists. This work presents a novel unifying pricing framework. Each category in the framework is defined by the structural elements that accounts for its behaviour and particular aims. This work also identifies the implicit joints among categories as the basis for optimising prices (only in terms of different perspectives). The benefits of the unifying framework are that it provides a conceptual abstract model that differentiates between different pricing methods, and positions the future effectual pricing methods.[[journaltype]]國

Pricing for Digitized Information Goods: The Case of Austrian Online Newspapers

The paper gives a very brief overview about pricing concepts for digitized information goods. The main part of this analysis is devoted to the explanation of the fact, that despite of the existence of these pricing concepts, the price for almost all web versions of newspapers equals zero. For this purpose we conducted an investigation, focused on expert interviews with the managers of Austrian online newspapers. The results of this study show why the price currently equals zero, how revenues for online newspapers may be achieved, and what the managers think about the theoretical pricing concepts

Distributional Impacts of a U.S. Greenhouse Gas Policy: A General Equilibrium Analysis of Carbon Pricing

Abstract and PDF report are also available on the MIT Joint Program on the Science and Policy of Global Change website (http://globalchange.mit.edu/).We develop a new model of the U.S., the U.S. Regional Energy Policy (USREP) model that is resolved for large states and regions of the U.S. and by income class and apply the model to investigate a $15 per ton CO2 equivalent price on greenhouse gas emissions. Previous estimates of distributional impacts of carbon pricing have been done outside of the model simulation and have been based on energy expenditure patterns of households in different regions and of different income levels. By estimating distributional effects within the economic model, we include the effects of changes in capital returns and wages on distribution and find that the effects are significant and work against the expenditure effects. We find the following: First, while results based only on energy expenditure have shown carbon pricing to be regressive we find the full distributional effect to be neutral or slightly progressive. This demonstrates the importance of tracing through all economic impacts and not just focusing on spending side impacts. Second, the ultimate impact of such a policy on households depends on how allowances, or the revenue raised from auctioning them, is used. Free distribution to firms would be highly regressive, benefiting higher income households and forcing lower income households to bear the full cost of the policy and what amounts to a transfer of wealth to higher income households. Lump sum distribution through equal-sized household rebates would make lower income households absolutely better off while shifting the costs to higher income households. Schemes that would cut taxes are generally slightly regressive but improve somewhat the overall efficiency of the program. Third, proposed legislation would distribute allowances to local distribution companies (electricity and natural gas distributors) and public utility commissions would then determine how the value of those allowances was used. A significant risk in such a plan is that distribution to households might be perceived as lowering utility rates That reduced the efficiency of the policy we examined by 40 percent. Finally, the states on the coasts bear little cost or can benefit because of the distribution of allowance revenue while mid-America and southern states bear the highest costs. This regional pattern reflects energy consumption and energy production difference among states. Use of allowance revenue to cut taxes generally exacerbates these regional differences because coastal states are also generally higher income states, and those with higher incomes benefit more from tax cuts.MIT Joint Program on the Science and Policy of Global Change through a combination of government, industry, and foundation funding, the MIT Energy Initiative, and additional support for this work from a coalition of industrial sponsors

RELATED PARTY TRANSACTIONS - OVERVIEW

The purpose of the present investigation is to provide a short overview of themain implications arising from carrying related parties transactions: accounting reporting(related party disclosures - IAS 24), auditing (audit procedures for related partytransactions), taxation (issues regarding the transfer prices used for intra-grouptransactions). Although this research does not identify a problem with the scope to solve ithowever the utility might be observed by its contribution to the future developments, byproviding premises for forthcoming studies in the ‘related party transactions‘ field.Related party transactions, related party disclosures, transfer pricing

Discussing equity and social exclusion in accessibility evaluations

Ex ante evaluations of transport policy options (including infrastructure plans) are generally based on cost-benefit analyses (CBA). Accessibility changes are included in such analyses indirectly, via a utilitarian perspective. But accessibility is broader than is assumed by this perspective and also incorporates equity and related distribution effects as well as social exclusion. This paper aims to give an overview of the relevance of distribution effects and equity, and social exclusion for accessibility, based on the literature. The most important conclusions of our paper is that the two subjects are poorly addressed in transport appraisal in general, and in CBA in particular. Additional ethical theories could add value to the utilitarian perspective, egalitarian theories being a major competitor. Equity analysis is however complex because there are several types of equity, various ways to categorize people for equity analysis, numerous impacts to consider, and various ways of measuring these impacts. And such analysis requires normative judgements, in addition to simply presenting distribution effects. Several options are available to express distribution effects. Important choices to be made if such effects need to be reported relate to the unit of comparison (e.g. the household versus the individual), the indicator to be used, and the value of each unit to be compared (e.g. accessibility) for all units of comparison (e.g. households). We also conclude that CBA is not suitable for evaluating social exclusion policies. Based on this overview we propose an agenda for potential future research in the area of ethics and accessibility

Shopbots, Powershopping, Powersales: New Forms of Intermediation in E-Commerce - An Overview -

With the advent and proliferation of the Internet many aspects of business and market activities are changing. New forms of intermediation also called cybermediaries are becoming increasingly important as a coordinator of interaction between buyers and sellers in the electronic market environment. Especially the overwhelming abundance of information offered by the Internet promotes the development of new intermediarie like malls, shopbots, virtual resellers etc. This paper provides a detailed overview of different new forms of cybermediation and illustrates their influence on consumer choice, firm pricing and product differentiation strategies.comparison shopping, cybermediaries, e-commerce, shopbots

How to Balance Privacy and Money through Pricing Mechanism in Personal Data Market

A personal data market is a platform including three participants: data owners (individuals), data buyers and market maker. Data owners who provide personal data are compensated according to their privacy loss. Data buyers can submit a query and pay for the result according to their desired accuracy. Market maker coordinates between data owner and buyer. This framework has been previously studied based on differential privacy. However, the previous study assumes data owners can accept any level of privacy loss and data buyers can conduct the transaction without regard to the financial budget. In this paper, we propose a practical personal data trading framework that is able to strike a balance between money and privacy. In order to gain insights on user preferences, we first conducted an online survey on human attitude to- ward privacy and interest in personal data trading. Second, we identify the 5 key principles of personal data market, which is important for designing a reasonable trading frame- work and pricing mechanism. Third, we propose a reason- able trading framework for personal data which provides an overview of how the data is traded. Fourth, we propose a balanced pricing mechanism which computes the query price for data buyers and compensation for data owners (whose data are utilized) as a function of their privacy loss. The main goal is to ensure a fair trading for both parties. Finally, we will conduct an experiment to evaluate the output of our proposed pricing mechanism in comparison with other previously proposed mechanism

Putting A Price On Carbon: A Handbook for U.S. Policymakers

This Handbook provides an overview of carbon pricing -- the types of decisions that need to be made in designing a program (including the political decisions about the use of revenue) and the expected economic impacts of alternative approaches. We conducted a thorough review of the literature, selecting a broad array of well-regarded and highly cited studies that represent a range of viewpoints. We expect this Handbook to be useful in the public debate in the United States on whether, how, and when to implement a national carbon price