英文摘要 |
Setting amusement park admission fees is a major issue within organizations in this industry. This paper introduces a new concept, known asa two-sided market, into the pricing behavior of amusement parks. In a two-sided market, two or more groups of agents such as buyers/consumers and sellers/firms interact via some sort of medium that is called the 'platform' of interaction. Our main findings are as follows: 1. a monopolistic amusement park will increase (decrease) the admission fee if the consumers have a larger (smaller) cross-side network externality and will enable the park to enjoy higher revenues when compared to amusement parks without externality; and; 2. in the case of duopolistic amusement parks, no matter which agent has a larger cross-side network externality, amusement parks will always decrease admission fees and receive lower revenues because of the increased competition in a two-sided market when compared to amusement parks without any externality. |