Determining the Optimal Pricing Strategy for Online Cinemas Using an Agent-Based Model on the Example of IVI and Kinopoisk
( Pp. 197-208)

More about authors
Moiseenko Alexander M. 1st year graduate student, Department of System Analysis
Russian Academy of National Economy and Public Administration under the President of the Russian Federation
Moscow, Russian Federation Grineva Natalia V. Cand. Sci. (Econ.), Associate Professor; associate professor, Department of Data Analysis and Machine Learning; Financial University under the Government of the Russian Federation; Moscow, Russian Federation
Abstract:
The relevance of the study is justified by the phenomenon of the ever-increasing demand for online cinema services in the presence of free «pirate» resources, the heterogeneity of consumers of online cinemas that form the demand for their services, hence the low predictability of demand. The purpose of the study is to determine the optimal pricing policy in the conditions of competition of online cinemas. The constructed model predicts the demand for the services of the two leaders of the online cinema market with a reliability of more than 99%. Results: in a static game with full information, the price of a Kinopoisk subscription roughly corresponds to the best answer to the Ivi strategy to set the price at the current level; the Ivi subscription price corresponds to one of the Pareto optimal outcomes of the game, characterized by the symmetry of the strategy profile, the Nash equilibrium has not been achieved in reality.
How to Cite:
Moiseenko A. M., Grineva N. V. Determining the Optimal Pricing Strategy for Online Cinemas Using an Agent-Based Model on the Example of IVI and Kinopoisk // ECONOMIC PROBLEMS AND LEGAL PRACTICE. 2023. Vol. 19. № 2. P. 197-208. (in Russ.)
Reference list:
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Keywords:
agent-based modeling, game theory, online cinemas, OTT video services, Nash equilibrium, Pareto-optimum, logistic regression, bag of words..


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