Dynamic pricing in the presence of social learning and strategic consumers
When a product of uncertain quality is first introduced, consumers may choose to
strategically delay their purchasing decisions in anticipation of the product reviews of their …
strategically delay their purchasing decisions in anticipation of the product reviews of their …
Blockchain's role in e-commerce sellers' decision-making on information disclosure under competition
Y Song, J Liu, W Zhang, J Li - Annals of Operations Research, 2023 - Springer
In e-commerce, sellers can disclose product information (such as quality, size information,
function, and so on) to make consumers understand the products. However, in the process …
function, and so on) to make consumers understand the products. However, in the process …
Multi-period price competition of blockchain-technology-supported and traditional platforms under network effect
T Zhang, P Li, N Wang - International Journal of Production …, 2023 - Taylor & Francis
We build a multi-period pricing model between a blockchain-technology-supported platform
and a traditional platform, where the blockchain-technology-supported platform provides a …
and a traditional platform, where the blockchain-technology-supported platform provides a …
Consumer choice models with endogenous network effects
Network externality arises when the utility of a product depends not only on its attributes but
also on the number of consumers who purchase the same product. In this paper, we study …
also on the number of consumers who purchase the same product. In this paper, we study …
Liking and following and the newsvendor: Operations and marketing policies under social influence
We consider a monopolistic firm selling two substitutable products to a stream of sequential
arrivals whose purchase decisions can be influenced by earlier purchases. Before demand …
arrivals whose purchase decisions can be influenced by earlier purchases. Before demand …
Dilemma of quality information disclosure in technology licensing
This study investigates the technology licensing decision of an incumbent patentor with
quality-improving technology in duopoly model with heterogenous consumers, and quality …
quality-improving technology in duopoly model with heterogenous consumers, and quality …
Dynamic pricing of new experience products with dual-channel social learning and online review manipulations
Q Guo, YJ Chen, W Huang - Omega, 2022 - Elsevier
Online reviews normally come from two distinct sources: first-party reviews are reviews
published (by consumers) on a firm's own platform, and third-party reviews are ratings and …
published (by consumers) on a firm's own platform, and third-party reviews are ratings and …
Joint inventory and markdown management for perishable goods with strategic consumer behavior
P Hu, S Shum, M Yu - Operations Research, 2016 - pubsonline.informs.org
In this paper we formulate and analyze a novel model on a firm's dynamic inventory and
markdown decisions for perishable goods. We consider a dynamic stochastic setting, where …
markdown decisions for perishable goods. We consider a dynamic stochastic setting, where …
Learning to collude in a pricing duopoly
Problem definition: This paper addresses the question whether or not self-learning
algorithms can learn to collude instead of compete against each other, without violating …
algorithms can learn to collude instead of compete against each other, without violating …
The role of feedback in dynamic crowdsourcing contests: A structural empirical analysis
In this paper, we empirically examine the impact of performance feedback on the outcome of
crowdsourcing contests. We develop a dynamic structural model to capture the economic …
crowdsourcing contests. We develop a dynamic structural model to capture the economic …