Optimal digital product auctions with unlimited supply and rebidding behavior
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DOI: 10.1007/s10479-021-04245-3
Abstract: We consider a digital product seller who needs to determine the number of items to sell and its price over an infinite horizon. The seller indeed owns unlimited supply of the digital products like music… read more here.
Keywords: optimal digital; unlimited supply; product; seller ... See more keywords
Dynamic pricing of electronic products with consumer reviews
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DOI: 10.1016/j.omega.2017.08.014
Abstract: Abstract Consumer reviews have become pervasive for e-commerce in recent years, especially for electronic products. In this paper, we investigate the optimal pricing strategies for a platform selling electronic products when consumers sequentially learn about… read more here.
Keywords: quality; consumer; seller; pricing ... See more keywords
A local seller's app channel strategy concerning delivery
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DOI: 10.1080/00207543.2018.1535725
Abstract: When a local seller launches an app channel, it can either deliver online orders itself or use a third party service. Given this background, an interesting problem is whether and how a local seller's channel… read more here.
Keywords: seller; channel strategy; delivery; local seller ... See more keywords
The Factors Driving the Consumer Purchasing Intentions in Social Commerce
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DOI: 10.1109/access.2022.3230629
Abstract: The traditional concept of e-commerce has gradually shifted to social commerce due to the faster integration of social media into the traditional e-commerce environment. The understanding of the determinants and reasons accounting for the acceptance… read more here.
Keywords: commerce; seller; social networks; trust social ... See more keywords
Reputation and Pricing Dynamics in Online Markets
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DOI: 10.1109/tnet.2021.3071506
Abstract: We study the economic interactions among sellers and buyers in online markets. In such markets, buyers have limited information about the product quality, but can observe the sellers’ reputations which depend on their past transaction… read more here.
Keywords: market; pricing dynamics; reputation; online markets ... See more keywords
Sequential Procurement with Contractual and Experimental Learning
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DOI: 10.1287/mnsc.2021.3988
Abstract: We study the design of sequential procurement strategies that integrate stochastic and strategic information. We consider a buyer who repeatedly demands a certain good and is unable to commit to long-term contracts. In each time… read more here.
Keywords: quality; information; sequential procurement; seller ... See more keywords
The Value of Observing the Buyers’ Arrival Time in Dynamic Pricing
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DOI: 10.1287/mnsc.2023.4794
Abstract: We consider a dynamic pricing problem in which a firm sells one item to a single buyer to maximize expected revenue. The firm commits to a price function over an infinite horizon. The buyer arrives… read more here.
Keywords: time; seller; buyer; price ... See more keywords
Customer Exposure to Sellers, Probabilistic Optimization and Profit Research
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DOI: 10.3390/math7070621
Abstract: This paper deals with a probabilistic problem in which there is a specific probability for a customer to meet a seller in a specified area. It is assumed that the area in which a seller… read more here.
Keywords: customer; customer exposure; probability; sellers probabilistic ... See more keywords