Optimal Threshold in the Group-buying Auction with Replenishment Postponement
The group-buying auction is often used in the B2C market. The seller here is offered a quantitydiscount-price contract and implements a replenishment postponement policy. We show that when customers valuation follows a uniform distribution,the group-buying auction does not always outperform the fixed pricing. The optimal groupbuying threshold is shown to depend on only purchasing costs,prices and the upper bound of customers valuation.
Group-buying replenishment postponement threshold
Li Du JieJian Feng
School of Economics & Management,Xidian University,Xian,China Faculty of Business,Hong Kong Polytechnic University,Hong Kong
国际会议
北京
英文
181-184
2009-10-21(万方平台首次上网日期,不代表论文的发表时间)