This document provides guidance on analyzing the business model of Priceline.com and assessing its sustainability. It instructs the reader to review literature on two-sided markets and contract design, then analyze Priceline's model based on references from those sources. The reader is asked to consider alternative strategies for Priceline's model and weigh the advantages, disadvantages, and costs of each option before making a recommendation, outlining next steps, and identifying action items.
This document provides guidance on analyzing the business model of Priceline.com and assessing its sustainability. It instructs the reader to review literature on two-sided markets and contract design, then analyze Priceline's model based on references from those sources. The reader is asked to consider alternative strategies for Priceline's model and weigh the advantages, disadvantages, and costs of each option before making a recommendation, outlining next steps, and identifying action items.
This document provides guidance on analyzing the business model of Priceline.com and assessing its sustainability. It instructs the reader to review literature on two-sided markets and contract design, then analyze Priceline's model based on references from those sources. The reader is asked to consider alternative strategies for Priceline's model and weigh the advantages, disadvantages, and costs of each option before making a recommendation, outlining next steps, and identifying action items.
Thinking: Explorations around conflict and cooperation(Book) Case: Sports-media nexus Vision Statement State the Electronic intermediation: Two sided markets(319) and contract designing Goal and Objective Reading: Coase, Nature of the firm; (168) Strategies in two sided markets(319) Then Try to Answer the Question Analyze the business model of Priceline.com Do you think this model is sustainable? Todays Situation Electronic intermediation: Two sided markets and contract designing Case:Priceline.com(356, 366, 369, 377, 379 Question: 1. Analyze the business model(320,328, 359, 361, 368,369,379,381 ) of Priceline.com 2. Do you think this model is sustainable? How Did We Get Here? Any relevant historical information Original assumptions that are no longer valid Available Options State the alternative strategies List advantages & disadvantages of each State cost of each option Recommendation Recommend one or more of the strategies Summarize the results if things go as proposed What to do next Identify action items