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2023 | 33 | 3 | 59-73

Article title

Internet digital content pricing and subscribers control

Content

Title variants

Languages of publication

EN

Abstracts

EN
We use optimal control theory to determine the optimal rate of change in the subscription fee and the optimal ratio of ad space to the total web page space for a web content provider. An optimal solution is obtained using the maximum principle approach and the model predictive control approach. Numerical experiments show that it is preferable to use the first approach when the planning horizon is short and the second approach when the planning horizon is long.

Year

Volume

33

Issue

3

Pages

59-73

Physical description

Contributors

  • Department of Industrial Engineering, Alfaisal University, Riyadh, Saudi Arabia
author
  • Department of Industrial Engineering, Alfaisal University, Riyadh, Saudi Arabia

References

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  • Sethi, S. P. Optimal Control Theory: Applications to Management Science and Economics, 3rd ed., Springer, 2019.
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  • Sun, L., Teunter, R. H., Babai, M. Z., and Hua, G. Optimal pricing for ride-sourcing platforms. European Journal of Operational Research 278, 3 (2019), 783–795.
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  • Victor, V., Thoppan, J. J., Nathan, R. J., and Fekete-Farkas, M. Factors influencing consumer behavior and prospective purchase decisions in a dynamic pricing environment — an exploratory factor analysis approach. Social Sciences 7, 9 (2018), 153.
  • Xu, J., and Duan, Y. Subscription price and advertising space decisions for online content firms with reference effect. Electronic Commerce Research and Applications 30 (2018), 8–24.

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.desklight-952cbac8-62e4-43b0-8923-930c81b16c31
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