Negative price premium effect in online market - The impact of competition and buyer informativeness on the pricing strategies of sellers with different reputation levels.
Richard Yuewen LiuJuan FengKwok Kee WeiPublished in: Decis. Support Syst. (2012)
Keyphrases
- network effects
- pricing strategies
- electronic markets
- electronic commerce
- seller agents
- software agents
- reputation mechanisms
- search costs
- electronic marketplaces
- supply chain
- group buying
- inventory control
- dynamic pricing
- online markets
- online auctions
- business models
- comparison shopping
- intelligent agents
- equilibrium strategies
- individual level
- transaction costs
- multi agent systems
- technology adoption
- decision making
- customer satisfaction
- supply chain management
- dynamic programming
- auction sites