Precision in a Seller's Market: Round Asking Prices Lead to Higher Counteroffers and Selling Prices.
Margarita LeibNils C. KöbisMarc FranckeShaul ShalviMarieke RoskesPublished in: Manag. Sci. (2021)
Keyphrases
- dynamic pricing
- pricing strategies
- market conditions
- supply chain management
- market data
- optimal pricing
- pricing mechanism
- pricing model
- electricity markets
- market equilibrium
- market participants
- inventory control
- learning curve
- market prices
- online markets
- electronic markets
- long run
- precision and recall
- demand function
- high precision
- supply chain
- online auctions
- third party
- electronic commerce
- decision making