haku: @author Wang, B. / yhteensä: 3
viite: 2 / 3
| Tekijä: | Kauffman, R. J. Wang, B. |
| Otsikko: | New Buyers' Arrival Under Dynamic Pricing Market Microstructure: The Case of Group-Buying Discounts on the Internet |
| Lehti: | Journal of Management Information Systems
2001 : FALL, VOL. 18:2, p. 157-188 |
| Asiasana: | BUYING INTERNET INFORMATION TECHNOLOGY |
| Kieli: | eng |
| Tiivistelmä: | Dynamic pricing mechanisms occur on the Internet when buyers and sellers negotiate the final transaction price for the exchange of goods or services. These mechanisms are used in online auctions and name-your-own-price formats, for example. The current research studies the dynamics of one instance of dynamic pricing - group- buying discounts - used by MobShop.com, whose products' selling prices drop as more buyers place their orders. The authors collect and analyze changes in the number of orders for MobShop-listed products over various periods of tune, using an econometric model that reflects our understanding of bidder behavior in the presence of dynamic pricing and different levels of bidder participation. |
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