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
复制标题
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
复制
发表时间:
2018-12
影响因子:
9.2
通讯作者:
Yao Zhang
中科院分区:
文献类型:
--
作者:
Cui Zhao;Yao Zhang
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.
登录
查看更多内容
DOI:
10.1111/itor.12432
发表时间:
2020-03
期刊:
Int. Trans. Oper. Res.
影响因子:
--
作者:
C. A. D. Alvarez;A. Ackere;E. Larsen
通讯作者:
C. A. D. Alvarez;A. Ackere;E. Larsen
DOI:
10.2139/ssrn.2675336
发表时间:
2017-08
期刊:
Macroeconomics: Prices
影响因子:
--
作者:
Baojun Jiang;Bicheng Yang
通讯作者:
Baojun Jiang;Bicheng Yang
影响因子:
9.2
作者:
Fan Jianchang;Ni Debing;Tang Xiaowo
通讯作者:
Tang Xiaowo
影响因子:
5
作者:
Kuksov, Dmitri;Xie, Ying
通讯作者:
Xie, Ying
DOI:
10.1287/opre.2014.1330
发表时间:
2015-02
期刊:
Oper. Res.
影响因子:
--
作者:
Ying Xu;Alan Scheller-Wolf;K. Sycara
通讯作者:
Ying Xu;Alan Scheller-Wolf;K. Sycara