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文章基本信息

  • 标题:Retailers’ Incentive to Sell through a New Selling Channel and Pricing Behavior in a Multi-channel Environment
  • 本地全文:下载
  • 作者:Yuanzhu Lu ; Xiaolin Xing ; Fang-Fang Tang
  • 期刊名称:Annals of Economics and Finance
  • 电子版ISSN:1529-7373
  • 出版年度:2008
  • 卷号:9
  • 期号:02
  • 出版社:Peking University Press
  • 摘要:

    We consider a duopoly market in which two retailers with different reputation
    compete in prices and one of the retailers is considering selling through
    a new channel. Consumers are reputation sensitive and averse to the new
    channel. In addition, the reputation sensitivity and new channel aversion are
    heterogeneous across consumers. In such a setting, we find that, there must
    be some cost reduction for the good reputation retailer to have an incentive to
    sell through a new channel unless consumers are sufficiently averse to the new
    channel. The good reputation retailer may keep or withdraw its old channel
    and may coexist with the bad reputation retailer or drive it out of the market,
    depending on the combination of cost reduction and the degree of consumers’
    aversion to the new channel. On the contrary, even if cost increases by a small
    amount, the bad reputation retailer also has an incentive to sell through the
    new channel. The bad reputation retailer always withdraws the old channel,
    and it may coexist with the good reputation retailer or drive it out of the
    market, depending on the cost difference between its two channels.

  • 关键词:Multi-channel market; Risk aversion; Sequential game; Market
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