Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10367511 | Decision Support Systems | 2012 | 10 Pages |
Abstract
⺠This paper extends the study on profitable partial resale model in two directions. ⺠We show that arbitrage activities do not reduce, but may increase the seller's profit in partial resale mechanisms. ⺠We propose two new partial resale mechanisms which are different to the one with time-restricted resale market. ⺠The three partial resale mechanisms lead to different firm pricing strategies and consumer purchase behaviors, but result in the same seller profit.
Related Topics
Physical Sciences and Engineering
Computer Science
Information Systems
Authors
Ruhai Wu, Xianjun Geng, Andrew B. Whinston,