共查询到20条相似文献,搜索用时 15 毫秒
1.
Christine Riefa 《Journal of Consumer Policy》2008,31(2):167-194
This paper discusses the legal classification of online “eBay” auctions. The discussion has key implications on the scope
of consumer protection law as sale by auctions are, for example, excluded from the scope of the Consumer Protection (Distance
Selling) Regulations 2000. The paper uncovers that online “eBay” auctions cannot always be considered as traditional auctions
and that eBay, as an intermediary, is not to be considered as an auctioneer. This creates difficulties associated with a distributive
application of consumer protection laws such as the Consumer Protection (Distance Selling) Regulations 2000. Another set of
difficulties is associated with a lenient legal regime applicable to the liability of eBay under the Electronic Commerce (EC
Directive) Regulations 2002. The paper concludes that there is an urgent need to clarify the legal classification of online
auctions and to rethink the liability of online auction sites to better protect consumers.
相似文献
Christine RiefaEmail: |
2.
In this paper, we show that in a heterogeneous bidding community with predominantly risk-seeking bidders, third-price sealed-bid
auctions yield higher revenue for the seller than first-price sealed-bid auctions when the auction value is low. Conversely,
when the value of the auction is high, first-price sealed-bid auctions yield higher revenue for the seller than third-price
sealed-bid auctions. Existing theoretical findings for a homogeneous group of risk-seeking individuals imply that third-price
sealed-bid auctions should generate higher revenues for the seller than first-price sealed-bid auctions. Our results for low-value
auctions agree but our results for high-value auctions do not agree with the existing findings. We discuss the implications
of this discrepancy as a function of the shift in goal orientation from a win-focus to a value-focus as the value of the auction
increases.
相似文献
Soo Jiuan TanEmail: |
3.
Download of Copyright-Protected Internet Content and the Role of (Consumer) Contract Law 总被引:2,自引:1,他引:1
Peter Rott 《Journal of Consumer Policy》2008,31(4):441-457
The software, music, and movie industries keep suggesting to consumers that if they copy digital contents they may find themselves
in jail. Moreover, horrifying damage claims are in the air. The problem with these scenarios is, amongst others, that it is
difficult to understand for consumers where their rights end and where illegal use of content begins. This article focuses
on the contractual relationship between online content providers and consumers. It explores relevant consumer law issues and
lays open the legal uncertainties of the current regimes at the European Community (EC) and national level. The article then
looks at current ideas put forward by the Commission on how to regulate internet consumer law. It concludes that a sector-specific
i-consumer contract law should be introduced and offers proposals related to its possible content.
相似文献
Peter RottEmail: |
4.
Scott Fay 《Marketing Letters》2009,20(3):277-293
This paper shows that the Name-Your-Own-Price (NYOP) business model can help soften competition. When consumers differ in
their frictional costs (i.e., the shopping hassle) they experience when bidding at an NYOP retailer, the NYOP format can be
a mechanism for differentiating a retailer from a posted-price rival. Beyond providing a motivation for using an NYOP mechanism,
competition also has important implications for the optimal structure of the NYOP format. For example, this paper shows that
prohibiting rebidding may benefit an NYOP firm by reducing price rivalry.
相似文献
Scott FayEmail: |
5.
On the basis of the bidding history of a panel of new eBay bidders, we examine the impact of different types of experiences
on bidding behavior evolution. Accounting for unobserved bidder heterogeneity, the results indicate that losing experiences
make the bidders’ bidding behavior evolve toward the normative predictions of auction theory, in that they submit fewer bids
and bid later. Winning experiences, however, do not have such an effect. Moreover, the experience effect pertains to the bidder’s
entire previous bidding experience regardless of product categories. We also assess the potential bias introduced by using
feedback ratings (compared with actual participation) as experience measures.
相似文献
Ye HuEmail: |
6.
Patrick Bajari Jeremy T. Fox Stephen P. Ryan 《Quantitative Marketing and Economics》2008,6(4):299-338
The US mobile phone service industry has dramatically consolidated over the last two decades. One justification for consolidation
is that merged firms can provide consumers with larger coverage areas at lower costs. We estimate the willingness to pay for
national coverage to evaluate this justification for past consolidation. As market level quantity data are not publicly available,
we devise an econometric procedure that allows us to estimate the willingness to pay using market share ranks collected from
the popular online retailer Amazon. Our semiparametric maximum score estimator controls for consumers’ heterogeneous preferences
for carriers, handsets and minutes of calling time. We find that national coverage is strongly valued by consumers, providing
an efficiency justification for across-market mergers. The methods we propose can estimate demand for other products using
data from online retailers where product ranks, but not quantities, are observed.
相似文献
Stephen P. RyanEmail: |
7.
When auction meets fixed price: a theoretical and empirical examination of buy-it-now auctions 总被引:2,自引:0,他引:2
Recently fixed pricing and auctions have been brought together in a new pricing format that offers bidders the option of prematurely
ending an auction at a fixed price. The growing popularity of auctions presents an interesting pricing decision for managers:
whether to sell at a fixed price, in a regular auction, or through a buy-it-now auction. This paper studies eBay’s buy-it-now
auction and answers the following research questions: why is fixed price used at traditional auctions, will buy-it-now increase
the seller’s profit, how is an optimal price determined, and how is the buy-it-now decision influenced by key factors such
as the customer’s cost of participating in the auction, the seller’s reserve price, and the number of potential customers.
Our results show that when customers make endogenous participation decisions according to their participation costs, buy-it-now
auctions can increase both customers’ utility and sellers’ profit. Endogenous participation has important implications for
seller’s pricing decisions such as price formats and levels. Depending on the level of the posted price, the resulting price
format could be either fixed price, buy-it-now auction or pure auction. Therefore, the seller needs to be careful and take
into account market conditions when posting a price at auctions. We empirically test the model assumptions and predictions
using data collected from eBay.
Electronic supplementary material The online version of this article (doi:) contains supplementary material, which is available to authorized users.
相似文献
Electronic supplementary material The online version of this article (doi:) contains supplementary material, which is available to authorized users.
Kannan SrinivasanEmail: |
8.
Carmen Valor 《Journal of Consumer Policy》2008,31(3):315-326
This paper analyses one of the business case arguments for social responsibility: that corporate social responsibility plans
are rewarded by consumers. This paper explores the ability of consumers to buy responsibly, identifies the main obstacles
for responsible consumption, and suggests conditions for it to work. The review of previous studies leads us to conclude that
consuming responsibly is seen as a time consuming activity, economically disadvantageous, and stressful. The main thesis of
this paper is that unless market failures are corrected, consumers will not be able to buy responsibly, and therefore, market
incentives for CSR are seriously threatened.
相似文献
Carmen ValorEmail: |
9.
Peter Cartwright 《Journal of Consumer Policy》2007,30(1):1-20
Criminal law is perhaps society’s strongest technique of formal censure. By labelling an activity as “criminal” we attach
to it a special stigma. Despite this, the United Kingdom (UK) has a long history of criminalising conduct that lacks the seriousness
we might expect that label to involve. One area where criminal sanctions have been commonly used in the UK is consumer protection.
This article argues that it is time to reconsider the role of criminal law in consumer protection and considers how alternative
regimes may better-protect the consumer from business wrongdoing.
相似文献
Peter CartwrightEmail: |
10.
Managing the shipment of goods to consumers is one of the central aspects of retail competition on the internet. In this article, we analyze internet retailers’ shipping strategies using data from the internet book retailing industry. We find that, controlling for a variety of observable firm characteristics, firms with lower product prices offer lower shipping fees and higher quality shipping in terms of average delivery time, compared to firms with higher product prices. These patterns cannot be readily reconciled with a large class of models of competition under perfect consumer information. Theories based on imperfect consumer information can explain the findings better.
相似文献
Han LiEmail: |
11.
Bjorn Fasterling 《Journal of Business Ethics》2009,88(1):21-34
The processes of economic integration induced by globalization have brought about a certain type of legal practice that challenges
the core values of legal ethics. Law firms seeking to represent the interests of internationally active corporate clients
must embrace and systematically apply concepts of strategic management and planning and install corporate business structures
to sustain competition for lucrative clients. These measures bear a high conflict potential with the core values of legal
ethics. However, we observe in parallel a global consolidation of these core values through an enhanced cooperation of national
professional bodies, the use of international codes, and comparative legal ethics teaching and research. Furthermore, state
regulation of the legal profession is concerned with preserving the core values of legal ethics to conserve the lawyer’s role
in upholding the rule of law. This article defends that legal ethics is adapting to the pressures exerted by “managerial”
approaches to legal practice without this altering core values that underlie legal ethics.
相似文献
Bjorn FasterlingEmail: |
12.
In this paper, we consider third-degree price discrimination in two markets in the presence of asymmetric consumption externalities;
we establish that under plausible conditions, a firm reduces its price in the market with low price elasticity of demand.
The firm can increase its profits by reducing the price for these consumers and enlarging the demand for other consumers,
provided that positive consumption externalities exist. Moreover, we show that third-degree price discrimination enhances
not only the firm’s profit but also total consumer surplus.
相似文献
Tatsuhiko NariuEmail: |
13.
Francesca Gagliardi 《Small Business Economics》2009,32(4):439-464
The purpose of this article is to empirically assess the relationship existing between local financial development and the
growth of firms, with a special focus on cooperatives. Using Italian data, a multiplicative interaction model is specified,
so as to allow the impact of local banking development to differ between cooperative and non-cooperative firms. The main finding
is that although local banking development represents a determinant of firms’ growth, regardless of their legal structure,
it plays a special role in boosting the growth of cooperatives. This result provides evidence in favor to the existence of
an institutional complementarity relationship between the development of local banking institutions and cooperative firms.
相似文献
Francesca GagliardiEmail: |
14.
We investigate the relationship between free-standing insert advertising style and coupon redemption. Results from two experiments
indicate that the propensity to clip a coupon can be enhanced by matching ad tone (emotional vs rational) to the nature of
a consumer’s primary motivation with respect to coupon usage. Moreover, this result appears to hold for consumers with both
procoupon and anticoupon inclinations.
相似文献
Michelle L. RoehmEmail: |
15.
The French opposition to the war in Iraq in early 2003 prompted calls for a boycott of French wine in the US. We measure the
magnitude of consumers’ participation in the boycott, and look at basic evidence of who participates. Conservative estimates
indicate that the boycott resulted in 26% lower weekly sales at its peak, and 13% lower sales over the 6 months period that
we estimate the boycott lasted. Although theory suggests consumers would not participate in boycotts due to a free-rider problem,
these findings indicate that businesses should be concerned that consumers may boycott their products. We also find that neither
political preferences nor media attention are important determinants of boycott participation.
相似文献
Phillip Leslie (Corresponding author)Email: |
16.
John C. Liechty Duncan K. H. Fong Eelko K. R. E. Huizingh Arnaud De Bruyn 《Marketing Letters》2008,19(2):141-155
The authors explore situations where consumers supplement their judgments with a measurement of uncertainty about their own
preferences, either implicitly or explicitly, and develop two sets of hierarchical Bayesian conjoint models incorporating
such measurements. The first set of models uses the relative location of a rating to determine the importance or weight given
to the rating, in a regression setting. The second set uses interval judgment as a dependent variable in a regression setting.
After specifying the models, the authors perform a theoretical comparison with a basic Bayesian regression model. They show
that, under different conditions, the proposed models will yield more precise individual-level partworth estimates. Two simulated
data examples and data from a conjoint study are used to illustrate the gains that could be obtained from modeling uncertainty.
In the empirical application, the authors show that model fit improves when ratings for items that respondents do not like are given more weight compared to ratings for items that they do like.
Electronic Supplementary Material The online version of this article (doi:) contains supplementary material, which is available to authorized users.
相似文献
John C. LiechtyEmail: |
17.
This paper provides a positive theory of private labels in new product development when a non-integrated distribution channel
is faced with demand uncertainty. We consider a regular marketing environment in which a manufacturer endowed with a branded
product seeks to design a new product to resolve its retailer’s mis-targeting problem and to optimally screen consumers. Assuming
that only linear pricing schemes are available and that the retailer learns the state of demand earlier than the manufacturer
does, we show that the presence of a private label always improves channel efficiency. Moreover, a private label is more likely
to prevail when the existing branded product is a premium item.
相似文献
I-Huei WuEmail: |
18.
The Meaning of Entrepreneurship: A Modular Concept 总被引:3,自引:2,他引:1
Michael Peneder 《Journal of Industry, Competition and Trade》2009,9(2):77-99
Entrepreneurship has been characterised as one of the most intriguing but equally elusive concepts in economics. This critical
review first surveys its major intellectual roots and then proposes a modular concept of entrepreneurship that preserves essential
distinctions along its behavioural, functional, and occupational dimensions. It argues that the behavioural definition identifies
the only attribute that is both comprehensive and unique to the nature of entrepreneurship, while the functional and occupational
definitions add the specificity required for many analytical purposes. To validate the concept, the paper discusses the appropriate
empirical units of observation and maps a general policy framework.
相似文献
Michael PenederEmail: |
19.
Lucie Guibault 《Journal of Consumer Policy》2008,31(4):409-423
The current methods of distributing music and film on the mass-market, either off-line or on-line, raise two types of consumer
protection issues. First, consumers are not always in a position to know what they can and cannot do with their digital hardware
and content. A lack of proper information and the ensuing failure of the products to meet the consumer’s expectations inevitably
leads to discontent. In addition, as weaker party in the transaction, consumers have often no other choice but to accept or
refuse the restrictive terms of use, even if these could be regarded as unfair. This paper examines whether European law is
amenable to accommodate the iConsumer’s needs, and if so, in what form.
相似文献
Lucie GuibaultEmail: |
20.
Helmut Fryges 《Small Business Economics》2009,33(2):165-187
Based on longitudinal data, this article examines empirically the long-term export behaviour of German and British technology-oriented
firms founded between 1987 and 1996. Applying logit models, the results show that firms can overcome high entry costs by acquiring
firm-specific assets. Similarly, firm-specific resources prevent high-tech companies from exiting the international market.
The strategic role of investment in R&D is stressed in particular by the data.
相似文献
Helmut FrygesEmail: |