Service Pricing with Loss-Averse Customers
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Publication:4971378
DOI10.1287/opre.2017.1702zbMath1443.90153OpenAlexW3124135909WikidataQ129853850 ScholiaQ129853850MaRDI QIDQ4971378
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Publication date: 12 October 2020
Published in: Operations Research (Search for Journal in Brave)
Full work available at URL: https://semanticscholar.org/paper/884c642cc41d09cbcb728cf7ebd99acb4270fc39
Related Items (9)
Price competition in the random coefficient attraction choice models with linear cost ⋮ Equilibrium strategies and pricing for a congested system with opaque price and loss-averse customers ⋮ The effect of loss preference on queueing with information disclosure policy ⋮ Equilibrium queueing strategies in M/G/1 queues with the reference time effect ⋮ Information heterogeneity in queueing service systems: differentiated pricing decision with word-of-mouth rating information on service value ⋮ Capacity reallocation via sinking high-quality resource in a hierarchical healthcare system ⋮ Lead-time quotations in unobservable make-to-order systems with strategic customers: risk aversion, load control and profit maximization ⋮ Increases or discounts: price strategies based on customers' patience times ⋮ Optimal pricing and service capacity management for a matching queue problem with loss-averse customers
Cites Work
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- Competition in Service Industries
- Dynamic Pricing Strategies with Reference Effects
- A Model of Reference-Dependent Preferences*
- Congestion Tolls for Poisson Queuing Processes
- On Partial Equilibrium in a Queuing System with Two Servers
- Prospect Theory: An Analysis of Decision under Risk
- The Impact of Inspection Cost on Equilibrium, Revenue, and Social Welfare in a Single-Server Queue
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