Analyzing the Dual-Channel Mechanism for Online Selling
Many firms can sell identical products online using auctions and posted prices simultaneously. This paper develops a model of the key trade-offs sellers face in such a dual-channel setting, built about the optimal choice of the auction quantity, the auction duration, and the posted price. Our discussion is under the finite inventory of the seller. We model consumer choice of channels through a threshold type function based on the consumers power exponential utility function, prove a unique auction-participation symmetric equilibrium exists, and demonstrate its properties. The model enables the seller to segment the market appropriately so that the two channels reinforce each other and cannibalization is mitigated.
e-commerce online auctions dual- channel
XU Li-ping LI Jin-lin RAN Lun
School of Management and Economics Beijing Institute of Technology, BIT Beijing, P.R.China
国际会议
上海
英文
2007-09-21(万方平台首次上网日期,不代表论文的发表时间)