Dynamic quality and pricing decisions in customer-intensive service systems with online reviews

Dynamic quality and pricing decisions in customer-intensive service systems with online reviews
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通过在线评论在客户密集型服务系统中进行动态质量和定价决策

DOI:
10.1080/00207543.2018.1543972
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发表时间:
2018-12
影响因子:
9.2
通讯作者:
Yao Zhang
Yao Zhang
中科院分区:
工程技术2区
文献类型:
--
作者:
Cui Zhao;Yao Zhang

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在本文中,我们研究动态的质量和定价决策的客户密集型服务系统与在线评论。我们构建了一个动态规划模型来确定最优的质量和定价策略。我们发现,在线评论,供应商被迫以更高的价格为更少的客户提供更高的质量,特别是当客户强度高。有趣的是,虽然在线评论为后来的消费者提供了高质量的信息,但提供的质量可能会随着时间的推移而下降。接下来,我们将最优策略分别与质量灵活性或定价灵活性模型进行比较,以研究我们开发的质量和定价灵活性模型的优点。比较结果表明,我们的模型可以获得更高的利润,我们的模型的优势随着时期的数量增加。此外,当消费者对服务价格(质量)更加敏感时,质量(定价)灵活性更有价值。此外,我们比较我们制定的模型与模型的定期服务系统,我们说明,在我们的系统中的最优质量和定价策略是完全不同的定期服务系统。
In this paper, we investigate dynamic quality and pricing decisions for customer-intensive service systems with online reviews. We construct a dynamic programming model to determine the optimal quality and pricing strategies. We find that with online reviews, the supplier is forced to provide a higher quality at a higher price for fewer customers, especially when the customer intensity is high. Interestingly, although online reviews deliver quality information for later consumers, the provided quality may decrease over time. Next, we compare the optimal strategies with those of models of either quality flexibility or pricing flexibility, respectively, to examine the merits of our developed model of both quality and pricing flexibilities. The comparison results demonstrate that our model can achieve higher profits, and the advantages of our model increase with the number of periods. In addition, quality (pricing) flexibility is more valuable when consumers are more sensitive to service price (quality). Furthermore, we compare our formulated model with the model for a regular service system, and we illustrate that the optimal quality and pricing strategies in our system are quite different from those of the regular service system.
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