FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2955822258> ?p ?o ?g. }

• W2955822258 endingPage "15" @default.
• W2955822258 startingPage "1" @default.
• W2955822258 abstract "After release, a product usually suffers cost reductions during its whole lifespan. Compared to the myopic, strategic consumers may have stronger incentive to delay the purchase once they perceive that a significant cost reduction will result in a markdown. The strategic (compared to the myopic) properties influence the seller both quantitatively in terms of proportion of strategic consumers and qualitatively in terms of customer patience. To forecast the reaction of the whole market under cost reduction, it is necessary to acquire the strategic properties. In this paper, we study the impacts of proportion of strategic consumers, customer patience, and cost reduction on dynamic pricing strategy when cost reduction comes from technology advancement. The seller makes pricing strategies when facing unknown future cost, and the buyer makes purchase decisions when facing unknown future price. Our study shows that generally both higher strategic consumer proportion and customer patience contribute to a delay in sales. Further, profit diversion happens under great combination of strategic properties. In addition, with the increase of customer patience, not only strategic but also myopic consumers will buy less. Finally, the strategic properties moderate the pricing strategy in latter stage when there is a cost reduction. This indicates a threshold as combination of strategic properties, upon which seller tends to offer a smaller markdown to discourage strategic waiting, and under which seller tends to offer a greater markdown to divert strategic consumers to the latter period." @default.
• W2955822258 created "2019-07-12" @default.
• W2955822258 creator A5033306880 @default.
• W2955822258 creator A5074422342 @default.
• W2955822258 creator A5086660105 @default.
• W2955822258 date "2019-06-25" @default.
• W2955822258 modified "2023-09-26" @default.
• W2955822258 title "Dynamic Pricing under Cost Reduction in the Presence of Myopic and Strategic Consumers" @default.
• W2955822258 cites W1974338139 @default.
• W2955822258 cites W2000437996 @default.
• W2955822258 cites W2025617529 @default.
• W2955822258 cites W2039389417 @default.
• W2955822258 cites W2046602365 @default.
• W2955822258 cites W2064036088 @default.
• W2955822258 cites W2071517368 @default.
• W2955822258 cites W2071861606 @default.
• W2955822258 cites W2077954930 @default.
• W2955822258 cites W2086891434 @default.
• W2955822258 cites W2089462634 @default.
• W2955822258 cites W2095540386 @default.
• W2955822258 cites W2103184421 @default.
• W2955822258 cites W2103800773 @default.
• W2955822258 cites W2112256364 @default.
• W2955822258 cites W2115666674 @default.
• W2955822258 cites W2136768128 @default.
• W2955822258 cites W2169014331 @default.
• W2955822258 cites W2293019367 @default.
• W2955822258 cites W2765933079 @default.
• W2955822258 cites W2920930932 @default.
• W2955822258 cites W2921727857 @default.
• W2955822258 cites W3122992687 @default.
• W2955822258 cites W3123184377 @default.
• W2955822258 cites W3123260353 @default.
• W2955822258 cites W3124865326 @default.
• W2955822258 cites W3125111199 @default.
• W2955822258 cites W3125447491 @default.
• W2955822258 cites W3125982102 @default.
• W2955822258 doi "https://doi.org/10.1155/2019/3272875" @default.
• W2955822258 hasPublicationYear "2019" @default.
• W2955822258 type Work @default.
• W2955822258 sameAs 2955822258 @default.
• W2955822258 citedByCount "3" @default.
• W2955822258 countsByYear W29558222582021 @default.
• W2955822258 countsByYear W29558222582023 @default.
• W2955822258 crossrefType "journal-article" @default.
• W2955822258 hasAuthorship W2955822258A5033306880 @default.
• W2955822258 hasAuthorship W2955822258A5074422342 @default.
• W2955822258 hasAuthorship W2955822258A5086660105 @default.
• W2955822258 hasBestOaLocation W29558222581 @default.
• W2955822258 hasConcept C108578832 @default.
• W2955822258 hasConcept C111335779 @default.
• W2955822258 hasConcept C138885662 @default.
• W2955822258 hasConcept C144133560 @default.
• W2955822258 hasConcept C148436549 @default.
• W2955822258 hasConcept C162324750 @default.
• W2955822258 hasConcept C162853370 @default.
• W2955822258 hasConcept C175444787 @default.
• W2955822258 hasConcept C181622380 @default.
• W2955822258 hasConcept C2524010 @default.
• W2955822258 hasConcept C27206212 @default.
• W2955822258 hasConcept C2778820799 @default.
• W2955822258 hasConcept C2779391423 @default.
• W2955822258 hasConcept C2779755727 @default.
• W2955822258 hasConcept C2780193402 @default.
• W2955822258 hasConcept C29122968 @default.
• W2955822258 hasConcept C33923547 @default.
• W2955822258 hasConcept C40700 @default.
• W2955822258 hasConcept C48243021 @default.
• W2955822258 hasConcept C90673727 @default.
• W2955822258 hasConceptScore W2955822258C108578832 @default.
• W2955822258 hasConceptScore W2955822258C111335779 @default.
• W2955822258 hasConceptScore W2955822258C138885662 @default.
• W2955822258 hasConceptScore W2955822258C144133560 @default.
• W2955822258 hasConceptScore W2955822258C148436549 @default.
• W2955822258 hasConceptScore W2955822258C162324750 @default.
• W2955822258 hasConceptScore W2955822258C162853370 @default.
• W2955822258 hasConceptScore W2955822258C175444787 @default.
• W2955822258 hasConceptScore W2955822258C181622380 @default.
• W2955822258 hasConceptScore W2955822258C2524010 @default.
• W2955822258 hasConceptScore W2955822258C27206212 @default.
• W2955822258 hasConceptScore W2955822258C2778820799 @default.
• W2955822258 hasConceptScore W2955822258C2779391423 @default.
• W2955822258 hasConceptScore W2955822258C2779755727 @default.
• W2955822258 hasConceptScore W2955822258C2780193402 @default.
• W2955822258 hasConceptScore W2955822258C29122968 @default.
• W2955822258 hasConceptScore W2955822258C33923547 @default.
• W2955822258 hasConceptScore W2955822258C40700 @default.
• W2955822258 hasConceptScore W2955822258C48243021 @default.
• W2955822258 hasConceptScore W2955822258C90673727 @default.
• W2955822258 hasFunder F4320321001 @default.
• W2955822258 hasLocation W29558222581 @default.
• W2955822258 hasOpenAccess W2955822258 @default.
• W2955822258 hasPrimaryLocation W29558222581 @default.
• W2955822258 hasRelatedWork W1985795559 @default.
• W2955822258 hasRelatedWork W2016288967 @default.
• W2955822258 hasRelatedWork W2174438959 @default.
• W2955822258 hasRelatedWork W2350086902 @default.
• W2955822258 hasRelatedWork W2376475990 @default.

• next