{"id":"https://openalex.org/W2012943752","doi":"https://doi.org/10.1016/j.proeng.2011.11.2501","title":"Dynamic Pricing in B2C Based on Online Product Reviews","display_name":"Dynamic Pricing in B2C Based on Online Product Reviews","publication_year":2011,"publication_date":"2011-01-01","ids":{"openalex":"https://openalex.org/W2012943752","doi":"https://doi.org/10.1016/j.proeng.2011.11.2501","mag":"2012943752"},"language":"en","primary_location":{"id":"doi:10.1016/j.proeng.2011.11.2501","doi":"https://doi.org/10.1016/j.proeng.2011.11.2501","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.proeng.2011.11.2501","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1877705811053446/pdf","source":{"id":"https://openalex.org/S45645249","display_name":"Procedia Engineering","issn_l":"1877-7058","issn":["1877-7058"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","jufo-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Engineering","raw_type":"journal-article"},"volume":null,"type":"conference-paper","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://www.sciencedirect.com/science/article/pii/S1877705811053446/pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5058620480","display_name":"Hongwei Wang","orcid":"https://orcid.org/0000-0003-0814-3498","observed_orcids":["https://orcid.org/0000-0003-0814-3498"]},"institutions":[{"id":"https://openalex.org/I116953780","display_name":"Tongji University","ror":"https://ror.org/03rc6as71","country_code":"CN","type":"education","lineage":["https://openalex.org/I116953780"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Hongwei Wang","raw_affiliation_strings":["School of Economics and Management, Tongji University, Shanghai 200092, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Tongji University, Shanghai 200092, PR China","institution_ids":["https://openalex.org/I116953780"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5083388161","display_name":"Wei Zhang","orcid":"https://orcid.org/0000-0003-3304-5881","observed_orcids":["https://orcid.org/0000-0003-3304-5881"]},"institutions":[{"id":"https://openalex.org/I116953780","display_name":"Tongji University","ror":"https://ror.org/03rc6as71","country_code":"CN","type":"education","lineage":["https://openalex.org/I116953780"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Wei Zhang","raw_affiliation_strings":["School of Economics and Management, Tongji University, Shanghai 200092, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Tongji University, Shanghai 200092, PR China","institution_ids":["https://openalex.org/I116953780"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5067458908","display_name":"Lijuan Zheng","orcid":"https://orcid.org/0000-0002-9925-6836","observed_orcids":["https://orcid.org/0000-0002-9925-6836"]},"institutions":[{"id":"https://openalex.org/I116953780","display_name":"Tongji University","ror":"https://ror.org/03rc6as71","country_code":"CN","type":"education","lineage":["https://openalex.org/I116953780"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Lijuan Zheng","raw_affiliation_strings":["School of Economics and Management, Tongji University, Shanghai 200092, PR China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"School of Economics and Management, Tongji University, Shanghai 200092, PR China","institution_ids":["https://openalex.org/I116953780"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5058620480"],"corresponding_institution_ids":["https://openalex.org/I116953780"],"apc_list":null,"apc_paid":null,"fwci":2.7089,"has_fulltext":true,"cited_by_count":12,"citation_normalized_percentile":{"value":0.90148011,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"23","issue":null,"first_page":"270","last_page":"275"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.8715999722480774,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.8715999722480774,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11161","display_name":"Consumer Market Behavior and Pricing","score":0.12720000743865967,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10609","display_name":"Digital Marketing and Social Media","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/dynamic-pricing","display_name":"dynamic pricing","score":0.9990000128746033},{"id":"https://openalex.org/keywords/online-consumer-reviews","display_name":"online customer reviews","score":0.9679999947547913},{"id":"https://openalex.org/keywords/b2c-e-commerce","display_name":"B2C e-commerce","score":0.8730000257492065},{"id":"https://openalex.org/keywords/word-of-mouth","display_name":"word of mouth","score":0.9589999914169312},{"id":"https://openalex.org/keywords/optimal-pricing","display_name":"optimal pricing","score":0.7820000052452087},{"id":"https://openalex.org/keywords/duopoly","display_name":"duopoly","score":0.6060000061988831},{"id":"https://openalex.org/keywords/utility-maximization","display_name":"utility maximization","score":0.8259999752044678}],"concepts":[{"id":"https://openalex.org/C2779391423","wikidata":"https://www.wikidata.org/wiki/Q17009728","display_name":"Dynamic pricing","level":2,"score":0.7448405027389526},{"id":"https://openalex.org/C180456769","wikidata":"https://www.wikidata.org/wiki/Q750207","display_name":"Duopoly","level":3,"score":0.6825443506240845},{"id":"https://openalex.org/C2777780509","wikidata":"https://www.wikidata.org/wiki/Q1377422","display_name":"Profit maximization","level":3,"score":0.5509077310562134},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5205327272415161},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.5191149711608887},{"id":"https://openalex.org/C2780193402","wikidata":"https://www.wikidata.org/wiki/Q3394670","display_name":"Pricing strategies","level":2,"score":0.5078104138374329},{"id":"https://openalex.org/C90673727","wikidata":"https://www.wikidata.org/wiki/Q901718","display_name":"Product (mathematics)","level":2,"score":0.49314063787460327},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.46090492606163025},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3566199541091919},{"id":"https://openalex.org/C16520705","wikidata":"https://www.wikidata.org/wiki/Q601799","display_name":"Cournot competition","level":2,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1016/j.proeng.2011.11.2501","doi":"https://doi.org/10.1016/j.proeng.2011.11.2501","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.proeng.2011.11.2501","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1877705811053446/pdf","source":{"id":"https://openalex.org/S45645249","display_name":"Procedia Engineering","issn_l":"1877-7058","issn":["1877-7058"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","jufo-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Engineering","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.1016/j.proeng.2011.11.2501","doi":"https://doi.org/10.1016/j.proeng.2011.11.2501","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.proeng.2011.11.2501","pdf_url":"https://www.sciencedirect.com/science/article/pii/S1877705811053446/pdf","source":{"id":"https://openalex.org/S45645249","display_name":"Procedia Engineering","issn_l":"1877-7058","issn":["1877-7058"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","jufo-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Procedia Engineering","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[{"id":"https://openalex.org/G2193799348","display_name":null,"funder_award_id":"70971099","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320335766","display_name":"Shanghai Leading Academic Discipline Project","ror":null}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2012943752.pdf","grobid_xml":"https://content.openalex.org/works/W2012943752.grobid-xml"},"referenced_works_count":12,"referenced_works":["https://openalex.org/W1533510585","https://openalex.org/W1968539380","https://openalex.org/W2001777779","https://openalex.org/W2042100228","https://openalex.org/W2046752514","https://openalex.org/W2051803733","https://openalex.org/W2067794920","https://openalex.org/W2069855826","https://openalex.org/W2115770297","https://openalex.org/W2122108146","https://openalex.org/W2134265553","https://openalex.org/W3124979719"],"related_works":["https://openalex.org/W2044395048","https://openalex.org/W2327678616","https://openalex.org/W3124786745","https://openalex.org/W601082751","https://openalex.org/W2327090650","https://openalex.org/W1994273956","https://openalex.org/W4226129259","https://openalex.org/W2984908703","https://openalex.org/W4393866201","https://openalex.org/W4417229682"],"abstract_inverted_index":{"To":[0],"study":[1],"how":[2],"e-tailors":[3],"should":[4],"fix":[5],"the":[6,33,49,55,60,65,81,86,90,94],"price":[7,40],"to":[8,11,43],"influence":[9],"word-of-mouth":[10],"maximize":[12],"profits,":[13],"this":[14],"paper":[15],"comes":[16],"up":[17],"with":[18,72,80],"a":[19,68],"dynamic":[20],"pricing":[21,62,88],"model":[22,58],"based":[23],"on":[24,32],"online":[25,84],"product":[26],"reviews.":[27],"Customers":[28],"base":[29],"consumption":[30],"decisions":[31],"principle":[34],"of":[35,83,89],"utility":[36],"maximization.":[37],"A":[38],"lower":[39],"can":[41],"lead":[42],"more":[44],"positive":[45],"reviews":[46],"and":[47,93],"improve":[48],"utility,":[50],"but":[51],"it":[52],"may":[53],"reduce":[54],"profit.":[56],"The":[57,76],"gives":[59],"optimal":[61,87],"strategy":[63],"for":[64],"e-tailor":[66,91],"in":[67],"duopoly":[69],"market":[70],"competing":[71],"an":[73],"offline":[74],"retailor.":[75],"analytical":[77],"results":[78],"show":[79],"increase":[82],"reviews,":[85],"increases":[92],"growth":[95],"rate":[96],"declines.":[97]},"counts_by_year":[{"year":2022,"cited_by_count":1},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":4}],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2016-06-24T00:00:00"}
