Exploration of Private Information Market Mechanism

DOI

10.2991/hssmee-18.2018.88How to use a DOI?

Keywords

Private information, Market mechanism, Equilibrium market.

Abstract

In the paper, we present supply model, demand model and the pricing structure under the condition of equilibrium market. Firstly, we define the supply model and demand model being related to the risk extent through analyzing the quantity of the same private information for the same demander is only one or zero. Meanwhile, we also make comparisons both of individual and market in the aspect of supply and demand. Secondly, we make an analysis of supply model and demand model in the market condition. In order to analyze the change of the market price, we put it into short-run and long-run condition separately. Then we find suppliers will have extra profit in the short time, and only in the long run can both of suppliers and demanders reach the maximal benefits. Further, we also consider the influence of the perception in different age group and the intensity of network effects to the pricing structure.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Wenjun Zhang
PY  - 2018/09
DA  - 2018/09
TI  - Exploration of Private Information Market Mechanism
BT  - Proceedings of the 2018 International Symposium on Humanities and Social Sciences, Management and Education Engineering (HSSMEE 2018)
PB  - Atlantis Press
SP  - 522
EP  - 525
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssmee-18.2018.88
DO  - 10.2991/hssmee-18.2018.88
ID  - Zhang2018/09
ER  -