• DocumentCode
    2486966
  • Title

    Do Web Stores Prefer to Disclose Its Rival Price Information?

  • Author

    Li, Xinjian ; Wu, Chunmei ; Jin, Dan ; Li, Xiaoling

  • Author_Institution
    Coll. of Econ. & Manage., Huazhong Agric. Univ., Wuhan, China
  • fYear
    2010
  • fDate
    22-23 May 2010
  • Firstpage
    1
  • Lastpage
    4
  • Abstract
    Whether to disclose its rival price information, the web store faces a dilemma choice. In this paper, we build the game model base on store reputation, merchandise price, and consumer trust. The study indicates that, from the demand perspective, the store with reputation advantage prefers neither of them disclosing its rival price information to only one store disclosing its rival price information, and prefers only one store disclosing its rival price information to both stores disclosing its rival price information. However, the store without reputation has the contrary preferences. From the profit perspective, the store with or without reputation advantage, as long as in its demand advantages case for homogeneous merchandise select a higher price, then can earn a higher profit.
  • Keywords
    Web sites; economics; Web stores; game model; rival price information; Costs; Distribution functions; Educational institutions; Environmental economics; IP networks; Merchandise; Nash equilibrium; Production;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    e-Business and Information System Security (EBISS), 2010 2nd International Conference on
  • Conference_Location
    Wuhan
  • Print_ISBN
    978-1-4244-5893-6
  • Electronic_ISBN
    978-1-4244-5895-0
  • Type

    conf

  • DOI
    10.1109/EBISS.2010.5473699
  • Filename
    5473699