Incentive Systems in Multi-Level Markets for Virtual Goods

Details Incentive Systems in Multi-Level Markets for Virtual Goods Incentive Systems in Multi-Level Markets for Virtual Goods

2004-09-14

arxiv.org/abs/cs/0409028v2

Computer Science

Computer Science and Game Theory

18 pages, 5 figures; graphics with reduced resolution. Full resolution available on author's homepage. Accepted contribution t

Scientific paper

As an alternative to rigid DRM measures, ways of marketing virtual goods through multi-level or networked marketing have raised some interest. This report is a first approach to multi-level markets for virtual goods from the viewpoint of theoretical economy. A generic, kinematic model for the monetary flow in multi-level markets, which quantitatively describes the incentives that buyers receive through resales revenues, is devised. Building on it, the competition of goods is examined in a dynamical, utility-theoretic model enabling, in particular, a treatment of the free-rider problem. The most important implications for the design of multi-level market mechanisms for virtual goods, or multi-level incentive management systems, are outlined.

Affiliated with

Also associated with

No associations

Rating

Incentive Systems in Multi-Level Markets for Virtual Goods does not yet have a rating. At this time, there are no reviews or comments for this scientific paper.

If you have personal experience with Incentive Systems in Multi-Level Markets for Virtual Goods, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Incentive Systems in Multi-Level Markets for Virtual Goods will most certainly appreciate the feedback.

Rate now

Comments { 0 }

Profile ID: LFWR-SCP-O-415257