Residential College | false |
Status | 已發表Published |
A re-examination of experience service offering and regular service pricing under profit maximization | |
Zhaotong Lian1![]() ![]() ![]() | |
2016-11-01 | |
Source Publication | European Journal of Operational Research
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ABS Journal Level | 4 |
ISSN | 0377-2217 |
Volume | 254Issue:3Pages:907-915 |
Abstract | A firm may offer an experience service free of charge to attract more customers to buy its regular service. This paper provides an economic analysis for interactions between the capacity-constrained firm and its waiting-averse customers, generating certain managerial insights. Free services should be sped up to move customers onto the paid service if it is idle, or slowed down to hold onto customers and avoid exacerbating congestion in the paid service if it is busy. A lower price should be charged for the regular service as compensation to customers for service delay if more of them buy that service. When more customers arrive for experience services, a greater price reduction should be offered to attract them into the regular service if it becomes more congested. |
Keyword | Customer Experience Economic Intuitions Managerial Insights Pricing Queueing |
DOI | 10.1016/j.ejor.2016.05.023 |
URL | View the original |
Indexed By | SCIE ; SSCI |
Language | 英語English |
WOS Research Area | Business & Economics ; Operations Research & Management Science |
WOS Subject | Management ; Operations Research & Management Science |
WOS ID | WOS:000378663000017 |
Publisher | ELSEVIER, RADARWEG 29, 1043 NX AMSTERDAM, NETHERLANDS |
Scopus ID | 2-s2.0-84969981510 |
Fulltext Access | |
Citation statistics | |
Document Type | Journal article |
Collection | DEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT University of Macau DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
Corresponding Author | Jinbiao Wu |
Affiliation | 1.Faculty of Business Administration, University of Macau, Macau SAR, China 2.School of Mathematics and Statistics, Central South University, Changsha 410075, Human, China |
First Author Affilication | Faculty of Business Administration |
Recommended Citation GB/T 7714 | Zhaotong Lian,Xinhua Gu,Jinbiao Wu. A re-examination of experience service offering and regular service pricing under profit maximization[J]. European Journal of Operational Research, 2016, 254(3), 907-915. |
APA | Zhaotong Lian., Xinhua Gu., & Jinbiao Wu (2016). A re-examination of experience service offering and regular service pricing under profit maximization. European Journal of Operational Research, 254(3), 907-915. |
MLA | Zhaotong Lian,et al."A re-examination of experience service offering and regular service pricing under profit maximization".European Journal of Operational Research 254.3(2016):907-915. |
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