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
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