FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2019932115> ?p ?o ?g. }

• W2019932115 endingPage "205" @default.
• W2019932115 startingPage "193" @default.
• W2019932115 abstract "In this article, we model money-back guarantees (MBGs) as put options. This use of option theory provides retailers with a framework to optimize the price and the return option independently and under various market conditions. This separation of product price and option value enables retailers to offer an unbundled MBG policy, that is, to allow the customer to choose whether to purchase an MBG option with the product or to buy the product without the MBG but at a lower price. The option value of having an MBG is negatively correlated with the likelihood of product fit and with the opportunity to test the product before purchase, and positively correlated with price and contract duration. Simulation of our model reveals that when customers are highly heterogeneous in their product valuation and probability of need-fit, and if return costs are low, an unbundled MBG policy is optimal. When customers have high likelihood of fit or return costs are excessive, no MBG is the best policy. When customers have small variance in product valuation, but vary greatly in likelihood of product fit, the retailer may prefer to offer a bundled MBG contract, extracting consumer surplus by charging a price close to the valuation level." @default.
• W2019932115 created "2016-06-24" @default.
• W2019932115 creator A5000303214 @default.
• W2019932115 creator A5023530848 @default.
• W2019932115 creator A5028594738 @default.
• W2019932115 creator A5079420474 @default.
• W2019932115 date "2002-09-01" @default.
• W2019932115 modified "2023-09-26" @default.
• W2019932115 title "Valuation and management of money-back guarantee options" @default.
• W2019932115 cites W1980576144 @default.
• W2019932115 cites W2011659350 @default.
• W2019932115 cites W2018669404 @default.
• W2019932115 cites W2021573668 @default.
• W2019932115 cites W2023977558 @default.
• W2019932115 cites W2029988482 @default.
• W2019932115 cites W2041777999 @default.
• W2019932115 cites W2052517846 @default.
• W2019932115 cites W2053675644 @default.
• W2019932115 cites W2067753244 @default.
• W2019932115 cites W2075276466 @default.
• W2019932115 cites W2079029199 @default.
• W2019932115 cites W2081598706 @default.
• W2019932115 cites W2083671134 @default.
• W2019932115 cites W2095357501 @default.
• W2019932115 cites W2097899517 @default.
• W2019932115 cites W2111409507 @default.
• W2019932115 cites W2112713834 @default.
• W2019932115 cites W2115805446 @default.
• W2019932115 cites W2270553685 @default.
• W2019932115 cites W2327865161 @default.
• W2019932115 cites W4239251799 @default.
• W2019932115 cites W4247665869 @default.
• W2019932115 doi "https://doi.org/10.1016/s0022-4359(02)00065-9" @default.
• W2019932115 hasPublicationYear "2002" @default.
• W2019932115 type Work @default.
• W2019932115 sameAs 2019932115 @default.
• W2019932115 citedByCount "74" @default.
• W2019932115 countsByYear W20199321152012 @default.
• W2019932115 countsByYear W20199321152013 @default.
• W2019932115 countsByYear W20199321152014 @default.
• W2019932115 countsByYear W20199321152015 @default.
• W2019932115 countsByYear W20199321152016 @default.
• W2019932115 countsByYear W20199321152017 @default.
• W2019932115 countsByYear W20199321152018 @default.
• W2019932115 countsByYear W20199321152019 @default.
• W2019932115 countsByYear W20199321152020 @default.
• W2019932115 countsByYear W20199321152021 @default.
• W2019932115 countsByYear W20199321152022 @default.
• W2019932115 countsByYear W20199321152023 @default.
• W2019932115 crossrefType "journal-article" @default.
• W2019932115 hasAuthorship W2019932115A5000303214 @default.
• W2019932115 hasAuthorship W2019932115A5023530848 @default.
• W2019932115 hasAuthorship W2019932115A5028594738 @default.
• W2019932115 hasAuthorship W2019932115A5079420474 @default.
• W2019932115 hasConcept C100243477 @default.
• W2019932115 hasConcept C10138342 @default.
• W2019932115 hasConcept C144133560 @default.
• W2019932115 hasConcept C149782125 @default.
• W2019932115 hasConcept C162324750 @default.
• W2019932115 hasConcept C167393938 @default.
• W2019932115 hasConcept C175444787 @default.
• W2019932115 hasConcept C186027771 @default.
• W2019932115 hasConcept C194483076 @default.
• W2019932115 hasConcept C2524010 @default.
• W2019932115 hasConcept C33923547 @default.
• W2019932115 hasConcept C34447519 @default.
• W2019932115 hasConcept C90673727 @default.
• W2019932115 hasConceptScore W2019932115C100243477 @default.
• W2019932115 hasConceptScore W2019932115C10138342 @default.
• W2019932115 hasConceptScore W2019932115C144133560 @default.
• W2019932115 hasConceptScore W2019932115C149782125 @default.
• W2019932115 hasConceptScore W2019932115C162324750 @default.
• W2019932115 hasConceptScore W2019932115C167393938 @default.
• W2019932115 hasConceptScore W2019932115C175444787 @default.
• W2019932115 hasConceptScore W2019932115C186027771 @default.
• W2019932115 hasConceptScore W2019932115C194483076 @default.
• W2019932115 hasConceptScore W2019932115C2524010 @default.
• W2019932115 hasConceptScore W2019932115C33923547 @default.
• W2019932115 hasConceptScore W2019932115C34447519 @default.
• W2019932115 hasConceptScore W2019932115C90673727 @default.
• W2019932115 hasIssue "3" @default.
• W2019932115 hasLocation W20199321151 @default.
• W2019932115 hasOpenAccess W2019932115 @default.
• W2019932115 hasPrimaryLocation W20199321151 @default.
• W2019932115 hasRelatedWork W1525925799 @default.
• W2019932115 hasRelatedWork W2003619664 @default.
• W2019932115 hasRelatedWork W2013908649 @default.
• W2019932115 hasRelatedWork W2067989935 @default.
• W2019932115 hasRelatedWork W2119830606 @default.
• W2019932115 hasRelatedWork W2724580732 @default.
• W2019932115 hasRelatedWork W2775543013 @default.
• W2019932115 hasRelatedWork W3124795915 @default.
• W2019932115 hasRelatedWork W3125736856 @default.
• W2019932115 hasRelatedWork W3152643838 @default.
• W2019932115 hasVolume "78" @default.
• W2019932115 isParatext "false" @default.
• W2019932115 isRetracted "false" @default.
• W2019932115 magId "2019932115" @default.

• next