Download or read book Pricing Models in the Presence of Informational and Social Externalities written by Davide Crapis and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Two scenarios are studied, one in which the monopolist has commitment power and one in which she does not. We characterize the optimal selling strategy under both scenarios and derive comparisons on equilibrium prices and demands. Our main result is a characterization of the value of price commitment as a function of the social influence level in the market.