GROUP-BUYING ONLINE AUCTION AND OPTIMAL INVENTORY POLICY IN UNCERTAIN MARKET

被引:0
|
作者
Jian CHEN Yunhui LIU Xiping SONG School of Economics and ManagementTsinghua University
机构
基金
美国国家科学基金会;
关键词
Group-buying auction; newsvendor model; demand uncertainty;
D O I
暂无
中图分类号
TP399 [在其他方面的应用];
学科分类号
081203 ; 0835 ;
摘要
In this paper we consider a group-buying online auction (GBA) model for a monopolistic manufacturer selling novel products in the uncertain market. Firstly, we introduce the bidder’s dominant strategy, after which we optimize the GBA price curve and the production volume together. Finally, we compare the GBA with the traditional posted pricing mechanism and find that the GBA is highly probable to be advantageous over the posted pricing mechanism in some appropriate market environments.
引用
收藏
页码:202 / 218
页数:17
相关论文
共 50 条
  • [1] Group-buying online auction and optimal inventory policy in uncertain market
    Jian Chen
    Yunhui Liu
    Song Xiping
    [J]. Journal of Systems Science and Systems Engineering, 2004, 13 (2) : 202 - 218
  • [2] Comparison of Group-Buying Online Auction and Posted Pricing Mechanism in an Uncertain Market
    CHEN Jian
    Department of System Engineering and Engineering Management
    [J]. Journal of Electronic Science and Technology, 2004, (03) : 1 - 5
  • [3] Optimal Threshold in the Group-buying Auction with Replenishment Postponement
    Du, Li
    Feng, JieJian
    [J]. 2009 IEEE 16TH INTERNATIONAL CONFERENCE ON INDUSTRIAL ENGINEERING AND ENGINEERING MANAGEMENT, VOLS 1 AND 2, PROCEEDINGS, 2009, : 181 - +
  • [4] Research on Influence of Online Group-Buying Marketing on the Market
    Du, Yating
    [J]. PROCEEDINGS OF THE 2017 9TH INTERNATIONAL ECONOMICS, MANAGEMENT AND EDUCATION TECHNOLOGY CONFERENCE (IEMETC 2017), 2017, 48 : 155 - 158
  • [5] The effect of self construal on the intention to bid on an online group-buying auction
    Su, Wei-Gan
    [J]. COMPUTERS IN HUMAN BEHAVIOR, 2016, 64 : 226 - 232
  • [6] On the dynamic pricing during group-buying auction
    School of Business Administration, Northeastern University, Shenyang 110004, China
    [J]. Dongbei Daxue Xuebao, 2009, 5 (749-752):
  • [7] Study on Online Auction System of Group-Buying Based on Multi-agent
    Bai, Yang
    Liu, Xiao
    Li, Junping
    Feng, Yong
    [J]. EDUCATION AND MANAGEMENT, 2011, 210 : 41 - +
  • [8] Comparison of the group-buying auction and the fixed pricing mechanism
    Chen, Jian
    Chen, Xilong
    Song, Xiping
    [J]. DECISION SUPPORT SYSTEMS, 2007, 43 (02) : 445 - 459
  • [9] Joint pricing and replenishment policies for group-buying auction
    Tai, Allen H.
    [J]. INTERNATIONAL JOURNAL OF INTELLIGENT ENGINEERING INFORMATICS, 2014, 2 (04) : 271 - 283
  • [10] Segmenting uncertain demand in group-buying auctions
    Chen, Jian
    Kauffman, Robert J.
    Liu, Yunhui
    Song, Xiping
    [J]. ELECTRONIC COMMERCE RESEARCH AND APPLICATIONS, 2010, 9 (02) : 126 - 147