{"id":"https://openalex.org/W2766822533","doi":"https://doi.org/10.1080/00207543.2017.1391421","title":"Quick response under strategic consumers with risk preference and decreasing valuation","display_name":"Quick response under strategic consumers with risk preference and decreasing valuation","publication_year":2017,"publication_date":"2017-10-23","ids":{"openalex":"https://openalex.org/W2766822533","doi":"https://doi.org/10.1080/00207543.2017.1391421","mag":"2766822533"},"language":"en","primary_location":{"id":"doi:10.1080/00207543.2017.1391421","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2017.1391421","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5100633730","display_name":"Yongli Wang","orcid":"https://orcid.org/0000-0002-7095-3697"},"institutions":[{"id":"https://openalex.org/I21193070","display_name":"Beijing Jiaotong University","ror":"https://ror.org/01yj56c84","country_code":"CN","type":"education","lineage":["https://openalex.org/I21193070"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yongli Wang","raw_affiliation_strings":["Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","institution_ids":["https://openalex.org/I21193070"]},{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China","institution_ids":["https://openalex.org/I21193070"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5009600521","display_name":"Juliang Zhang","orcid":"https://orcid.org/0000-0001-9834-6349"},"institutions":[{"id":"https://openalex.org/I21193070","display_name":"Beijing Jiaotong University","ror":"https://ror.org/01yj56c84","country_code":"CN","type":"education","lineage":["https://openalex.org/I21193070"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Juliang Zhang","raw_affiliation_strings":["Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","institution_ids":["https://openalex.org/I21193070"]},{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China","institution_ids":["https://openalex.org/I21193070"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5032676950","display_name":"T.C.E. Cheng","orcid":"https://orcid.org/0000-0001-5127-6419"},"institutions":[{"id":"https://openalex.org/I14243506","display_name":"Hong Kong Polytechnic University","ror":"https://ror.org/0030zas98","country_code":"HK","type":"education","lineage":["https://openalex.org/I14243506"]}],"countries":["HK"],"is_corresponding":false,"raw_author_name":"T.C. Edwin Cheng","raw_affiliation_strings":["Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University","Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University, Kowloon, Hong Kong SAR"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University","institution_ids":["https://openalex.org/I14243506"]},{"raw_affiliation_string":"Department of Logistics and Maritime Studies, The Hong Kong Polytechnic University, Kowloon, Hong Kong SAR","institution_ids":["https://openalex.org/I14243506"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5065730977","display_name":"Guowei Hua","orcid":"https://orcid.org/0000-0003-0990-4711"},"institutions":[{"id":"https://openalex.org/I21193070","display_name":"Beijing Jiaotong University","ror":"https://ror.org/01yj56c84","country_code":"CN","type":"education","lineage":["https://openalex.org/I21193070"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Guowei Hua","raw_affiliation_strings":["Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University","institution_ids":["https://openalex.org/I21193070"]},{"raw_affiliation_string":"Department of Logistics Management, School of Economics and Management, Beijing Jiaotong University, Beijing, China","institution_ids":["https://openalex.org/I21193070"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5009600521"],"corresponding_institution_ids":["https://openalex.org/I21193070"],"apc_list":null,"apc_paid":null,"fwci":3.51,"has_fulltext":false,"cited_by_count":21,"citation_normalized_percentile":{"value":0.92980362,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"56","issue":"1-2","first_page":"72","last_page":"85"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9998000264167786,"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":0.9998000264167786,"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":0.9959999918937683,"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/T11182","display_name":"Auction Theory and Applications","score":0.9803000092506409,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/valuation","display_name":"Valuation (finance)","score":0.787592351436615},{"id":"https://openalex.org/keywords/profit","display_name":"Profit (economics)","score":0.6705183386802673},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.5485206842422485},{"id":"https://openalex.org/keywords/microeconomics","display_name":"Microeconomics","score":0.5144960880279541},{"id":"https://openalex.org/keywords/pricing-strategies","display_name":"Pricing strategies","score":0.4444286823272705},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.3357182741165161},{"id":"https://openalex.org/keywords/marketing","display_name":"Marketing","score":0.32086288928985596},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.14231660962104797}],"concepts":[{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.787592351436615},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.6705183386802673},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5485206842422485},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.5144960880279541},{"id":"https://openalex.org/C2780193402","wikidata":"https://www.wikidata.org/wiki/Q3394670","display_name":"Pricing strategies","level":2,"score":0.4444286823272705},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.3357182741165161},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.32086288928985596},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.14231660962104797}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1080/00207543.2017.1391421","is_oa":false,"landing_page_url":"https://doi.org/10.1080/00207543.2017.1391421","pdf_url":null,"source":{"id":"https://openalex.org/S65690446","display_name":"International Journal of Production Research","issn_l":"0020-7543","issn":["0020-7543","1366-588X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Production Research","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:taf:tprsxx:v:56:y:2018:i:1-2:p:72-85","is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/00207543.2017.1391421","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:ira.lib.polyu.edu.hk:10397/73816","is_oa":false,"landing_page_url":"http://hdl.handle.net/10397/73816","pdf_url":null,"source":{"id":"https://openalex.org/S4306400205","display_name":"PolyU Institutional Research Archive (Hong Kong Polytechnic University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"host_organization":"https://openalex.org/I14243506","host_organization_name":"Hong Kong Polytechnic University","host_organization_lineage":["https://openalex.org/I14243506"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Journal/Magazine Article"}],"best_oa_location":null,"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G1498272490","display_name":null,"funder_award_id":"71390334","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G5100504329","display_name":null,"funder_award_id":"71661167009","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"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":33,"referenced_works":["https://openalex.org/W31690992","https://openalex.org/W1589050319","https://openalex.org/W1975461791","https://openalex.org/W1980985118","https://openalex.org/W1982468142","https://openalex.org/W1990370774","https://openalex.org/W1993664057","https://openalex.org/W2002767433","https://openalex.org/W2032067204","https://openalex.org/W2056521461","https://openalex.org/W2082222210","https://openalex.org/W2086891434","https://openalex.org/W2089762011","https://openalex.org/W2095540386","https://openalex.org/W2115666674","https://openalex.org/W2125629549","https://openalex.org/W2152717893","https://openalex.org/W2157443709","https://openalex.org/W2200136184","https://openalex.org/W2234293650","https://openalex.org/W2289585936","https://openalex.org/W2306295924","https://openalex.org/W2469075893","https://openalex.org/W2621785208","https://openalex.org/W2744713451","https://openalex.org/W3104028729","https://openalex.org/W3121458592","https://openalex.org/W3122053389","https://openalex.org/W3124098644","https://openalex.org/W3124865326","https://openalex.org/W3125406778","https://openalex.org/W3125982102","https://openalex.org/W4242142956"],"related_works":["https://openalex.org/W1988932368","https://openalex.org/W2973110192","https://openalex.org/W2794849799","https://openalex.org/W1966044918","https://openalex.org/W2352757948","https://openalex.org/W2011787499","https://openalex.org/W2003188310","https://openalex.org/W4387406528","https://openalex.org/W2350958285","https://openalex.org/W2358778309"],"abstract_inverted_index":{"This":[0],"paper":[1],"addresses":[2],"the":[3,6,12,40,56,66,71,82,87,99,102,108,114,125,140,149,155,161,165,168,171,180,183,187],"impact":[4,159],"of":[5,14,65,117,151,164,170],"quick":[7],"response":[8],"(QR)":[9],"strategy":[10,68,89,104,127],"on":[11,70,160],"profit":[13,45,97,111,122,184],"a":[15,19],"retailer":[16,166],"that":[17,39,148],"sells":[18],"product":[20],"to":[21,61,98],"strategic":[22,92,118,144],"consumers":[23,153,177],"with":[24],"risk":[25,49,75,131],"preference":[26,50,132],"and":[27,30,33,43,51,55,77,95,112,133,167],"decreasing":[28,53,79,135],"valuation,":[29],"makes":[31],"pricing":[32,42],"order":[34],"quantity":[35],"decisions.":[36],"We":[37,146],"find":[38,147],"optimal":[41,57,162],"expected":[44,110],"decrease":[46],"in":[47,129,154],"consumers\u2019":[48,74,93,119,130],"valuation":[52,78,134],"rate,":[54],"inventory":[58],"is":[59,85,182],"unrelated":[60],"them.":[62],"The":[63,121,174],"effect":[64,116,169],"QR":[67,72,83,88,103,126,172,188],"depends":[69],"cost,":[73],"preference,":[76],"rate.":[80,136],"When":[81],"cost":[84],"low,":[86],"can":[90],"mitigate":[91],"behaviour":[94],"bring":[96],"retailer.":[100],"Otherwise,":[101],"may":[105],"further":[106],"reduce":[107],"retailer\u2019s":[109],"intensify":[113],"negative":[115],"behaviour.":[120],"brought":[123,185],"by":[124,186],"decreases":[128],"Furthermore,":[137],"we":[138],"consider":[139],"case":[141],"involving":[142],"heterogeneous":[143],"consumers.":[145],"proportion":[150],"high-valuation":[152,176],"market":[156],"has":[157],"an":[158],"decisions":[163],"strategy.":[173,189],"more":[175],"there":[178],"are,":[179],"greater":[181]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":3},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":4},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":1}],"updated_date":"2026-05-08T15:41:06.802602","created_date":"2025-10-10T00:00:00"}
