Can I read Information Sharing on Retail Platforms on EtoBox?
Information Sharing on Retail Platforms by Zekun Liu; Dennis J. Zhang; Fuqiang Zhang is a Business, Management and Accounting article available to read on EtoBox.
What is Information Sharing on Retail Platforms about?
Problem definition : This paper studies the information-sharing strategy for a retail platform on which multiple competing sellers distribute their products. Academic/practical relevance : Because of the rapid growth of retail platforms in recent years, information sharing has become an increasingly important issue because retail platforms can gather an enormous amount of consumer information that may not be visible to the sellers. Understanding how to share such information with those sellers will provide useful implications from both the theoretical and practical perspectives. Methodology : We develop a game-theoretic model where multiple sellers engage in Cournot competition on a retail platform by selling substitutable products, and the platform charges a commission fee for each transaction. The platform owns superior demand information and can control the accuracy level when sharing the information with the sellers. Results : We find that the platform has incentives to share the information, and such sharing is beneficial both to the platform and to all sellers. Under the asymmetric information-sharing format, the optimal strategy for the platform is to select a subgroup of se
Who reads Information Sharing on Retail Platforms?
It is typically read by researchers, students, and practitioners in Business, Management and Accounting.
- Author
- Zekun Liu; Dennis J. Zhang; Fuqiang Zhang
- Publisher
- Institute for Operations Research and the Management Sciences (INFORMS)
- Published
- 2021
- Language
- EN
- Field
- Business, Management and Accounting (Social Sciences)