DocumentCode
3504952
Title
Lead-Time-Contingent Pricing Under Time and Price Sensitive Demand in Electronic Markets
Author
Yang Wen-Sheng ; Li, Li
Author_Institution
Sch. of Econ. & Manage., Nanjing Univ. of Sci. & Technol., Nanjing
fYear
2007
fDate
21-25 Sept. 2007
Firstpage
4306
Lastpage
4309
Abstract
How to determine delivery time pricing in electronic market to increase demand and benefit is very important for the network marketing firms. This paper develops a model of lead-time-contingent pricing, in which to maximize profits is considered as the firm´s objective and to achieve the required level of service is considered as major constraints. Through numerical examples, we examine the optimal pricing strategies for network marketing firms when the consumers are price sensitive or time sensitive.
Keywords
marketing; pricing; delivery time pricing; electronic markets; lead-time-contingent pricing; network marketing firms; time-price sensitive demand; Constraint optimization; Consumer electronics; Delay; Engineering management; Investments; Lead time reduction; Marketing management; Operating systems; Pricing; Technology management;
fLanguage
English
Publisher
ieee
Conference_Titel
Wireless Communications, Networking and Mobile Computing, 2007. WiCom 2007. International Conference on
Conference_Location
Shanghai
Print_ISBN
978-1-4244-1311-9
Type
conf
DOI
10.1109/WICOM.2007.1062
Filename
4340837
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