Academic literature on the topic 'Pricing : Quality of products'

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Journal articles on the topic "Pricing : Quality of products"

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Fang, Yan, Yiping Jiang, and Xingxing Han. "Bundle Pricing Decisions for Fresh Products with Quality Deterioration." Journal of Food Quality 2018 (2018): 1–8. http://dx.doi.org/10.1155/2018/1595807.

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How to sell fresh products quickly to decrease the storage cost and to meet customer quality requirement is of vital importance in the food supply chain. Bundling fresh products is an efficient strategy to promote sales and reduce storage pressure of retailers. In this paper, we consider the bundle pricing decisions for homogeneous fresh products with quality deterioration. The value of fresh products with quality deterioration is approximated as an exponential function based on which customer’s reservation prices are calculated. A nonlinear mixed integer programming model is used to formulate the bundle pricing problem for fresh products. By adding auxiliary decision variables, this model is converted into a mixed integer linear program. Numerical experiments and sensitive analysis are conducted to provide managerial insights for bundling fresh products with quality deterioration.
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Crosno, Jody L., and Annie Peng Cui. "Something old, something new: the role of partitioned pricing in consumers’ preference for new versus used products." Journal of Consumer Marketing 35, no. 4 (June 11, 2018): 353–65. http://dx.doi.org/10.1108/jcm-02-2017-2091.

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PurposeThis research aims to represent an initial exploration of how partitioned pricing influences consumers’ purchase decisions of new versus used products from the theoretical perspectives of prospect theory and gain/loss decision frames.Design/methodology/approachFour experiments to test the hypotheses with multiple product categories have been conducted.FindingsResults from a series of experimental studies find that consumers prefer partitioned pricing over all-inclusive pricing for new products, whereas all-inclusive pricing is more preferred for used products. In addition, the authors demonstrate that a high-quality brand can reverse this effect for used products; specifically, consumers prefer partitioned pricing over all-inclusive pricing for a used product with a high-quality brand.Originality/valueThis research contributes to the literature on second-hand consumption by examining the impact of pricing strategies on consumer purchase decisions of new versus used products. This study deepens our understanding of consumer decision-making for new versus used products and it provides implications for bolstering sustainable consumption.
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Abbey, James D., Rainer Kleber, Gilvan C. Souza, and Guido Voigt. "The Role of Perceived Quality Risk in Pricing Remanufactured Products." Production and Operations Management 26, no. 1 (September 22, 2016): 100–115. http://dx.doi.org/10.1111/poms.12628.

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Stamatopoulos, Ioannis, and Christos Tzamos. "Design and Dynamic Pricing of Vertically Differentiated Inventories." Management Science 65, no. 9 (September 2019): 4222–41. http://dx.doi.org/10.1287/mnsc.2018.3136.

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We study a model in which a monopoly firm designs the quality profile of its inventory and then dynamically updates its pricing menu for a finite selling horizon to maximize revenue. In a counterfactual scenario, a social planner goes through the same process to maximize total welfare. We show that in both scenarios the problem of dynamically pricing heterogeneous-quality (vertically differentiated) inventories is equivalent to that of dynamically pricing homogeneous-quality inventories, in the sense that a solution to one implies a solution to the other. Moreover, we prove a strong scarcity result, which suggests that the sale of a product drives up the prices on all remaining products, whether of higher or lower quality. We then consider product line design under a production technology that utilizes costly and potentially limited resources. We show that with unlimited (but costly) resources, the revenue maximizer undersupplies quality to all products compared with the social planner. With limited resources, we show that the revenue maximizer exhibits elitism: he overallocates (underallocates) resources on the production of high-quality (low-quality) products. However, as the volume of expected consumer arrivals increases to infinity, both the revenue maximizer and the welfare maximizer allocate resources equally across products. This paper was accepted by Serguei Netessine, operations management.
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Taleizadeh, Ata Allah, Shima Rezvan Beydokhti, Leopoldo Eduardo Cárdenas-Barrón, and Somayeh Najafi-Ghobadi. "Pricing of Complementary Products in Online Purchasing under Return Policy." Journal of Theoretical and Applied Electronic Commerce Research 16, no. 5 (June 2, 2021): 1718–39. http://dx.doi.org/10.3390/jtaer16050097.

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In online purchasing, customers may return products due to dissatisfaction with the quality of the product, and receive a refund based on the return policy, which is determined by online distributors. Online distributors can offer generous policies to attract more customers, but at the cost of reducing total profits. In this paper, the effect of the pricing and quality of complementary products (products sold together with other items) in online selling under the return policy is investigated. For this purpose, a mathematical model is developed to obtain optimal values for selling price, refund amount, and quality of products. Based on analytical results, a solution algorithm is proposed to solve the numerical examples and perform sensitivity analysis. Findings reveal that, while increasing the sensitivity of demand with respect to the refund amount, the price, quality, and refund on returned products should be increased. In addition, the online distributor should increase the quality of products when customers are more sensitive to the quality of products. Among other results, the selling price is shown to be negatively affected by demand elasticity with respect to price. In this situation, the online distributor should reduce the quality level and the refund amount for returned products to avoid a sharp decline in profit. In addition, when the quality cost is high, the price and quality should be decreased and the refund amount unchanged.
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Ye, Yazhen, Yao Zhang, Guohua Liu, and Yangyong Zhu. "A measure based pricing framework for data products." Web Intelligence 18, no. 4 (May 14, 2021): 249–60. http://dx.doi.org/10.3233/web-210446.

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It has been widely recognized that data can be viewed as a kind of assets. But accounting for data assets and pricing data transactions are still difficult due to the lack of reasonable measurements of datasets or data products. Literatures of data pricing mainly focus on traditional pricing models including models basing on contents of data, demand of market, data quality, etc.. However, due to the particularity of data, the above models may not coincide with the measure theory and thus suffer from some problems. For example, they do not consider how to price datasets sharing common contents; whether we should pay for a repeat purchase; and how to define peak-valley tariff formally for usage-based pricing. To tackle the above problems, in this paper, we formally define measure spaces for datasets and data products. Specifically, we introduce the measures on discrete, continuous and product data spaces respectivaly. Further we introduce the integral and propose a measure based pricing framework for data products. Our work is parallel to existing pricing models. We fouce on how to measure data, and pricing data is a natural extension by integrating the unit price function under the measure. In contrast, existing models focus on determining total prices directly by considering lots of factors like contents of data, demand of markets, etc. By doing analyses on several real-world applications and cases, we prove the effectiveness and generality of our proposal.
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Olbrich, Rainer, and Hans Christian Jansen. "Price-quality relationship in pricing strategies for private labels." Journal of Product & Brand Management 23, no. 6 (September 9, 2014): 429–38. http://dx.doi.org/10.1108/jpbm-06-2014-0627.

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Purpose – This article aims to close some research gaps by differentiating between brand types and price tiers. Many consumers perceive high prices as signals of high quality, yet researchers tend to find only low average correlations between price and objective quality. Previous studies do not account for market shares and paid prices though. Design/methodology/approach – A German consumer panel with more than 30,000 households reveals market shares and paid prices. Combining these data with product test ratings, the authors evaluate price-quality relationships with Spearman’s rank correlation coefficients and distinguish food from non-food products, national brands and private labels and three price tiers. Findings – High price-quality correlations for national brands and non-food private labels indicate that a higher price signals greater product quality. For food private labels, negative correlation coefficients inhibit the use of price as a quality indicator. The price-quality relationship for food private labels implies strong competition among brand owners, based on the price and quality of their products. Originality/value – This article investigates price-quality correlations by accounting for paid prices and product market shares; it also reveals differences across food and non-food products, national brands and private labels and different price tiers against the background of competition strategies. By addressing when consumers use price as a quality indicator, it outlines important managerial implications for manufacturers, retailers and consumers.
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Xiao, Lu, Hang Zhang, and Yong Qin. "Competitive Pricing of Innovative Products with Consumers’ Social Learning." Sustainability 12, no. 9 (May 7, 2020): 3806. http://dx.doi.org/10.3390/su12093806.

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Consumers often face valuation uncertainty when innovative products are introduced into market, and they may update the valuation about product quality based on historical sales information over time. Based on this background, this study constructed a two-period duopoly model of innovative products and investigated the effect of consumers’ social learning on enterprises’ pricing strategies and profits. Optimal pricing decisions for competitive enterprises with and without consumers’ social learning were obtained. It was found that consumers’ social learning will intensify competition between enterprises, which will lower their prices and profits. The stronger the learning intensity of consumers, the greater the profit loss for enterprises.
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Ferencz, Árpád, and Márta Nótári. "The consumer judgement of the price of the traditional foods." Analecta Technica Szegedinensia 8, no. 1 (January 11, 2014): 77–80. http://dx.doi.org/10.14232/analecta.2014.1.77-80.

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Price strategy is a peculiar aspect of the marketing model called Marketing Mix. Pricing related decisions usually constitute the hardest and most sensitive set of decisions that entrepreneurs have to make. The Hungarian consumers' high price sensitivity coupled with a high demand for low-cost products and services indicates the significance of pricing in Hungary. Pricing is crucial in raising interest and winning new customers. Prices might reflect product quality, brand strength and recognition, just like product differentiation or the image of a product or its producer. Consumers of traditional region-specific horticultural and agricultural products are willing to pay a higher price in appreciation of the high quality and special character of these products as this consumer segment tends to assign emotional functions to certain product features instead of solely focusing on the functionality and usefulness of the goods.
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Ingenbleek, Paul T. M. "Price strategies for sustainable food products." British Food Journal 117, no. 2 (February 2, 2015): 915–28. http://dx.doi.org/10.1108/bfj-02-2014-0066.

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Purpose – Sustainable products often suffer a competitive disadvantage compared with mainstream products because they must cover ecological and social costs that their competitors leave to future generations. The purpose of this paper is to identify price strategies for sustainable products that minimize this efficiency disadvantage. Design/methodology/approach – The strategies and their determinants from the pricing environment are derived from an inductive sequential case study of certified food products, such as organic and fair trade products. Data are collected through desk research and interviews. Findings – The results reveal six different strategies that build on three basic mechanisms: cost-based pricing in combination with price fairness, increasing willingness to pay through perceptions of quality and/or price, and price stability in which costs are compensated for by scale and/or learning effects. Research limitations/implications – The framework can help companies that offer sustainable products strengthen their market positions and it can help policy makers that partly rely on markets to achieve sustainability objectives. Originality/value – The existing pricing literature on sustainability predominantly takes a consumer approach. This study breaks new ground by extending this work with a strategic marketing approach offering a choice set of strategies for managers.
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Dissertations / Theses on the topic "Pricing : Quality of products"

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Li, Feng. "Optimal dynamic pricing for two perishable and substitutable products." Thesis, Virginia Tech, 2003. http://hdl.handle.net/10919/9630.

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This thesis presents a dynamic pricing model where a seller offers two types of a generic product to a random number of customers. Customers show up sequentially. When a customer arrives, he will ---depending on the prices---either purchase one unit of type 1 product or one unit of type 2 product, or will leave empty-handed. The sale ends either when the entire stock is sold out, or when the customers are exhausted. The seller's task is to post the optimal prices for the two product types to each customer to maximize the expected total revenue. We use dynamic programming to formulate this problem, and derive the optimal policy for special cases. For general cases, we develop an algorithm to approximate the optimal policy and use numerical examples to demonstrate the efficiency of the algorithm. Finally, we apply the results to a continuous-time model where customers arrive according to a Poisson process. We develop a heuristic policy and use numerical examples to show the heuristic policy is very effective.
Master of Science
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Bitton, Joseph. "The development and merchandising of generic food products : implications of pricing and quality." Thesis, McGill University, 1985. http://digitool.Library.McGill.CA:80/R/?func=dbin-jump-full&object_id=64483.

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Nistor, Cristina (Cristina Daniela). "Three essays on product quality and pricing." Thesis, Massachusetts Institute of Technology, 2012. http://hdl.handle.net/1721.1/77877.

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Thesis (Ph. D.)--Massachusetts Institute of Technology, Sloan School of Management, 2012.
Cataloged from PDF version of thesis.
Includes bibliographical references.
This dissertation consists of three essays on product quality and pricing. Essay 1: Pricing and Quality Provision in a Channel: A Model of Efficient Relational Contracts The first essay analyzes how quality concerns affect relationships in a channel. A firm concerned about uncontractible quality for a customizable good has to pay higher prices to sustain a relationship with the supplier. If the customizable good has very volatile demand, premium payments on this good cannot be sustained. Instead, the downstream firm pays a premium for a good with more stable demand that is correlated with demand for the customizable good. I use a novel dataset containing sales made by a wholesaler to Asian restaurants in the Southeastern United States to test this prediction empirically. As predicted by the proposed model, if customizable goods have very volatile demand, the high end restaurants do not pay a premium on those goods but instead pay a premium for other goods with more stable demand. Essay 2: Third Party Marketing Approvals The second essay measures the effect of competition in a certifier market. When customers purchase new products, there is often a degree of uncertainty about their quality. A common solution is to rely on a third-party certifier to provide some form of accreditation that signals quality. However, the incentives of a third-party certifier may not be completely benign. Competitive certification markets may lead the certifiers to provide unduly positive evaluations of quality to gain market share or provide unduly negative evaluations in order to gain credibility with end-users. This paper exploits an unusual natural experiment to evaluate the extent to which third-parties can be relied upon to correctly report product quality. It focuses on the FDA's decision to allow third parties to prepare certifications for certain medical devices, and observes how this decision to introduce competition at the reviewer stage has affected the quality of products allowed to go to market. There is evidence that allowing third party certification leads to significantly lower product quality. However, experience with using a third party reviewer in the past diminishes the negative effect of reviewer competition. Essay 3: Layaway and the Quasi-Endowment Effect of Installment Payments The third essay explores the quasi-endowment effect. The paper evaluates how much consumers are willing to prepay for a purchase which will be experienced in the future. In particular, the results indicate that prepaid installment plans allow the consumer to start deriving utility for the purchase from the moment of the first payment. This quasi-endowment effect is felt only for goods that are purchased for own consumption.
by Cristina Nistor.
Ph.D.
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Fredriksson, Henrik. "Husqvarna AB : a study on pricing and quality." Thesis, Internationella Handelshögskolan, Högskolan i Jönköping, IHH, Nationalekonomi, 2006. http://urn.kb.se/resolve?urn=urn:nbn:se:hj:diva-14481.

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This thesis will compare and examine three different chainsaw models with re-spect to price, elasticity, price discrimination, product differentiation and durabili-ty. The three different saws are all aiming at different customer groups; hobby users, leisure users and professional users. The demands and needs of this groups differs a lot. The hobby users have the largest amount of different saws to choose from, this is a field with many different brands and the quality varies a lot, this implies that here is a fierce competition with respect to price. This indirect affects the elastic-ity and possibilities to price discriminate and product differentiation. I found that this model has the highest elasticity which is perfectly inline with the theory. Here is also a low possibility to price discriminate and the durability is the low-est. The other two models examined, the leisure and professional, are located in less competitive segments and from this follows that the professional model which has the smallest amount of competitors also has the lowest elasticity. Here was also the possibility to price discriminate the highest, durability the best and the product were viewed as differentiated.
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Ghavamzadeh, Sheida. "The impact of perceived product quality, service quality and transaction cost on the customer’s willingness to pay after a price increase." Thesis, Blekinge Tekniska Högskola, Institutionen för industriell ekonomi, 2019. http://urn.kb.se/resolve?urn=urn:nbn:se:bth-19041.

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Objective: The objective of the study is to learn how the customer’s willingness pay after a price increase differs given different product conditions. Specifically, how it differs between high and low involvement products and hedonic and utilitarian products. The objective is also to understand what value drivers it is that affect the customers willingness to pay after a price increase. Methodology approach: An online survey was distributed through social media. The research study was conducted using multiple linear regression and one-way ANOVA using data from 270 participants. Research limitation: The survey used in the study uses scales that have been revised. This means that other important value dimensions that were a part of the original scales have been neglected. Results/conclusion: No significant difference was found between the different product groups. The variables; product quality, service quality were both found to have a positive impact on the outcome variable customer’s willingness to pay after a price increase. The variable transaction cost had on the other hand a negative impact on the outcome variable. Future recommendations: The results of the study indicate that lowering the transaction cost can increase customer’s willingness to pay after a price increase. It also indicates that increasing the product quality and service quality can increase the customer’s willingness to pay after a price increase. Previous research has showed the significant profitability firms can make when they adapt to value-based pricing. Therefore, further studies to investigate the customer’s willingness to pay after a price increase may be of interest.
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HUI, Sun Yuen. "Managing sales and product returns under the word-of-mouth effect : pricing, quality, and restocking fee decisions." Digital Commons @ Lingnan University, 2017. https://commons.ln.edu.hk/cds_etd/16.

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This paper considers a two-echelon supply chain involving a manufacturer and a retailer who make their pricing, quality, and restocking fee decisions under the word-of-mouth (WOM) effect. To investigate the decision-making problem for the sales and product returns, we construct a leader-follower game model in which the manufacturer first determines his quality effort and the wholesale price and the retailer then decides on her retail price and the restocking fee. Our results show that the wholesale and retail prices under no WOM effect are smaller than those when the WOM effect exists; and, as the WOM has a higher impact on consumer purchases, the retailer should increase her retail price, and the manufacturer should also spend more quality control effort and raise his wholesale price. In addition, when the WOM effect exists, both the restocking fee and the retail price are decreasing in the mismatch probability. It is interesting to learn that a positive WOM may not help achieve more total sales and realized sales than a negative WOM, and the realized sales under the full refund policy may be lower than those under a partial refund policy. We also find that the manufacturer and the retailer may not benefit under the WOM effect, which mainly depends on how consumers are sensitive to the restocking fee and the WOM. The retailer can benefit from the full refund policy when the mismatch chance is not high, whereas the manufacturer can always benefit from the full refund policy.
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Davila, Luis A. "Government participation in pricing farm products." Thesis, Kansas State University, 1985. http://hdl.handle.net/2097/9830.

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Sood, Anshul 1978. "Competitive multi-period pricing for perishable products." Thesis, Massachusetts Institute of Technology, 2004. http://hdl.handle.net/1721.1/17724.

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Thesis (Ph. D.)--Massachusetts Institute of Technology, Sloan School of Management, Operations Research Center, 2004.
Includes bibliographical references (p. 161-165).
Pricing of a perishable product over a multi-period time horizon is a challenging problem under an oligopolistic market framework. We propose and study a model for multi-period pricing in an oligopolistic market for a single perishable product. Each participating seller in the market has a fixed inventory of the product at the beginning of the time horizon and additional production is not an available option. Any unsold inventory at the end of the horizon is worthless. The sellers do not have the option of periodically reviewing and replenishing their inventory. Such a model is appropriate for modelling competition in situations where inventory replenishment decisions are made over a longer time horizon and can be considered exogenous to the pricing decision process. This kind of a setup can be used to model pricing of air fares, hotel reservations, bandwidth in communication networks, etc. In this thesis, we study two issues related to multi-period pricing of a perishable product. First we study the competitive aspect of the problem. Second we study the setup where the demand function for each seller has some associated uncertainty. We assume that the sellers would like to adopt a policy that is robust to adverse uncertain circumstances. We discuss the challenges associated with the analysis for this model.
(cont.) We study non-cooperative Nash equilibrium policies for the sellers. We discuss why known results from the literature do not extend to this model. We introduce an optimization approach using results from variational inequality theory and robust optimization to establish existence of the pricing equilibrium policy and comment on the uniqueness of the pricing equilibrium policy. We also introduce an iterative learning algorithm for computing the equilibrium policy and analyze its convergence. We study how much is lost in terms of efficiency (in terms of total system profit) due to competition. Finally, we illustrate our results with some numerical examples and discuss some insights.
by Anshul Sood.
Ph.D.
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Li, Yanzhi. "Joint pricing and inventory control for perishable products /." View abstract or full-text, 2006. http://library.ust.hk/cgi/db/thesis.pl?IELM%202006%20LI.

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Rana, Rupal. "Dynamic pricing for perishable products using reinforcement learning." Thesis, University of Warwick, 2011. http://wrap.warwick.ac.uk/36855/.

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Revenue management is one of the successful applications of operations research. The area of revenue management we are concerned with, in this thesis is dynamic pricing. More specifically, we are concerned with establishing a pricing policy that maximises the revenue for a fixed number of products or services in a finite selling horizon. The characteristics of the industries considered are, the full inventory of items is available for sale at the beginning of the selling period, no re-ordering is allowed, and the items unsold by the deadline have a constant salvage value of zero.
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Books on the topic "Pricing : Quality of products"

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Grivekov, Dimitŭr. T͡S︡enoobrazuvane i kachestvo. Sofii͡a︡: Izd-vo "Standartizat͡s︡ii͡a︡,", 1989.

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Landesmann, Michael A. Vertical product differentiation in EU markets: The relative position of East European producers. Wien: Wiener Institut für Internationale Wirtschaftsvergleiche, 1997.

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Landesmann, Michael A. Vertical product differentiation in EU markets: Compilation of detailed statistics. [Vienna]: Vienna Institute for Comparative Economic Studies, 1997.

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Voss, Glenn B. Prepurchase preference and postconsumption satisfaction in a service exchange. Cambridge, Mass: Marketing Science Institute, 1995.

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Oeljeschlager, Jens. Qualitäts- und Preisbestimmung für neue Konsumgüter. Göttingen: Vandenhoeck & Ruprecht, 1988.

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Becker, Niels. Produktprogrammoptimierung mit Preisbündelung: Produktdesign, Bündelkonfiguration und Preisfindung. Frankfurt am Main: Lang, 2011.

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Kumar, G. Prasanna. Petroleum pricing in India. New Delhi: Sar Media Publications, 2000.

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Adam, Sheriff. Pricing of information and communication products. Pittsburgh, Pa: RoseDog Books, 2008.

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Nye, Judy. Pricing your products and services profitably. [Washington, D.C.?]: U.S. Small Business Administration, Office of Business Development, 1989.

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Nye, Judy. Pricing your products and services profitably. [Washington, D.C.?]: U.S. Small Business Administration, Office of Business Development, 1987.

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Book chapters on the topic "Pricing : Quality of products"

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Goering, Patricia A. "Consumer Learning and Optimal Pricing Strategies for Products of Unknown Quality." In Microeconomic Theory, 53–77. Dordrecht: Springer Netherlands, 1986. http://dx.doi.org/10.1007/978-94-009-4219-6_3.

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Poornima, S., S. Mohanavalli, S. Swarnalatha, and I. Kesavarthini. "Dynamic Pricing of Products Based on Visual Quality and E-Commerce Factors." In Springer Proceedings in Mathematics & Statistics, 413–27. Singapore: Springer Singapore, 2021. http://dx.doi.org/10.1007/978-981-33-4646-8_34.

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Mukherjee, Arka, and Margarida Carvalho. "Pricing and Quality Investments in a Mixed Brown-Green Product Market." In Lecture Notes in Computer Science, 715–32. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-59747-4_46.

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Austing, Peter. "Volatility Products." In Smile Pricing Explained, 149–71. London: Palgrave Macmillan UK, 2014. http://dx.doi.org/10.1057/9781137335722_10.

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Saavedra, Claudio A. "Pricing Technical Products." In Management for Professionals, 347–69. Cham: Springer International Publishing, 2016. http://dx.doi.org/10.1007/978-3-319-30610-0_11.

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Farid, Jawwad Ahmed. "Products and Pricing." In Models at Work, 476–90. London: Palgrave Macmillan UK, 2014. http://dx.doi.org/10.1057/9781137371645_18.

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Lichters, Roland, Roland Stamm, and Donal Gallagher. "Pricing Portfolio Credit Products." In Modern Derivatives Pricing and Credit Exposure Analysis, 333–50. London: Palgrave Macmillan UK, 2015. http://dx.doi.org/10.1057/9781137494849_23.

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Brennan, Timothy J. "Pricing “Competitive” Postal Products." In The Changing Postal Environment, 81–94. Cham: Springer International Publishing, 2020. http://dx.doi.org/10.1007/978-3-030-34532-7_7.

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Camfield, Robert, David Glyer, and John Kalfayan. "Self-Designed Electric Products." In Electricity Pricing in Transition, 221–28. Boston, MA: Springer US, 2002. http://dx.doi.org/10.1007/978-1-4615-0833-5_15.

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Spulber, Nicolas, and Asghar Sabbaghi. "Quality-Discriminant Water Pricing." In Economics of Water Resources: From Regulation to Privatization, 261–84. Dordrecht: Springer Netherlands, 1998. http://dx.doi.org/10.1007/978-94-011-4866-5_11.

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Conference papers on the topic "Pricing : Quality of products"

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Hoffenson, Steven, and Rikard Söderberg. "Policy and Demand as Drivers for Product Quality and Sustainability: A Market Systems Approach." In ASME 2014 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/detc2014-34368.

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The market is a complex system with many different stakeholders and interactions. A number of decisions within this system affect the design of new products, not only from design teams but also from consumers, producers, and policy-makers. Market systems studies have shown how profit-optimal producer decisions regarding product design and pricing can influence a number of different factors including the quality, environmental impact, production costs, and ultimately consumer demand for the product. This study models the ways that policies and consumer demand combine in a market systems framework to influence optimal product design and, in particular, product quality and environmental sustainability. Implementing this model for the design of a mobile phone case shows how different environmental impact assessment methods, levels of taxation, and factors introduced to the consumer decision-making process will influence producer profits and overall environmental impacts. This demonstrates how different types of policies might be evaluated for their effectiveness in achieving economic success for the producer and reduced environmental impacts for society, and a “win-win” scenario was uncovered in the case of the mobile phone.
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Meng, Qiunan, and Xun Xu. "A Stochastic Optimization Model for a Joint Pricing and Resource Allocation Problem." In ASME 2020 15th International Manufacturing Science and Engineering Conference. American Society of Mechanical Engineers, 2020. http://dx.doi.org/10.1115/msec2020-8238.

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Abstract In a competitive and volatile market, the price is needed to make in consideration of the uncertain demands of the customers and the limited capacities of enterprises. This requires the coordination decisions on pricing, delivery and resource allocation to increase profit and guarantee service quality for firms. The joint decision on pricing and resource allocation with demand and processing time uncertainty is becoming an issue for a profit-maximizing firm that produces various products. We propose a two-stage model based on stochastic programming to address this joint problem, aiming to maximize profit of products. We present a scenario-simulation approach to describe the stochastic variables; then the deterministic two-stage mixed integer linear programming model is formulated depending on those scenarios. We develop an algorithm by ant colony algorithm to obtain the near-optimal solutions of the models above. The numerical experiments were conducted to validate the proposed models. The results show that the stochastic approach outperforms the deterministic model in the different problem scales and yield the better values of compared metrics. The outcomes also imply that this joint pricing model can provide managerial inspiration for enterprises in the customization environment.
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Jian, Liu, and Li Jie. "Pricing Strategies for Custom-Designed Product with Multiple Quality Levels." In 2010 Fourth International Conference on Mangement of E-Commerce and E-Government (ICMeCG). IEEE, 2010. http://dx.doi.org/10.1109/icmecg.2010.12.

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Nie, K., D. F. Xie, and W. Li. "Research on Dynamic Pricing and Ordering Policy of Fresh Agriculture Product Considering Consumers’ Perceived Quality." In International Conference on Computer Information Systems and Industrial Applications. Paris, France: Atlantis Press, 2015. http://dx.doi.org/10.2991/cisia-15.2015.130.

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M. Hilger, Andreas, Thomas Steger, and Zlatko Nedelko. "Market Entries of Emnes in Developed Markets – A Case Study from Slovenia and Germany." In 5th International Scientific Conference 2021. University of Maribor Press, 2021. http://dx.doi.org/10.18690/978-961-286-464-4.7.

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To get an insight into internalization processes of Slovenian MNEs and particularly to their activities in Germany, we adopted a distinctively qualitative approach and conducted semi-structured interviews with key actors of five major Slovene companies we used as case studies. Our study shows that several major assumptions regarding frontier and emerging market MNE international activities do not fit to Slovene companies. They were found to act as innovation leaders with high quality products and services, as well as with competitive pricing, as long as their technological capabilities are competitive. The liability of foreignness as well as the liability of country of origin are steeply declining with increasing technological capabilities in Slovene EMNEs. They also showed high institutional familiarity and suffered little from uncertainty. Our study also shows that Slovene companies partially show competitive advantages compared to their German counterparts. Moreover, our findings confirm that economic liberalization, in this case Slovenia’s entry into the European common market, is a significant force driving company growth and internationalization. Thereby, this study presents generalizable insights into the internationalization process from Central and Eastern Europe and anywhere where large multinationals are scarce yet.
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Weber, Thomas. "Nonlinear Pricing of Shareable Products." In Hawaii International Conference on System Sciences. Hawaii International Conference on System Sciences, 2020. http://dx.doi.org/10.24251/hicss.2020.737.

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Kempe, David, Adam Meyerson, Nainesh Solanki, and Ramnath Chellappa. "Pricing of partially compatible products." In the 8th ACM conference. New York, New York, USA: ACM Press, 2007. http://dx.doi.org/10.1145/1250910.1250943.

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Wei, Jie, and Jing Zhao. "Pricing Decision for Two Differentiated Products." In 2007 IEEE International Conference on Automation and Logistics. IEEE, 2007. http://dx.doi.org/10.1109/ical.2007.4338937.

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Bernemann, A., R. Schreyer, and K. Spanderen. "Pricing structured equity products on GPUs." In 2010 Workshop on High Performance Computational Finance at SC10 (WHPCF). IEEE, 2010. http://dx.doi.org/10.1109/whpcf.2010.5671821.

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"An Economic Model for Pricing Digital Products." In 2009 42nd Hawaii International Conference on System Sciences. IEEE, 2009. http://dx.doi.org/10.1109/hicss.2009.60.

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Reports on the topic "Pricing : Quality of products"

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Phillips, Gordon, and Giorgo Sertsios. How Do Firm Financial Conditions Affect Product Quality and Pricing? Cambridge, MA: National Bureau of Economic Research, July 2011. http://dx.doi.org/10.3386/w17233.

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Park, Yooki, and Suzanne Scotchmer. Digital Rights Management and the Pricing of Digital Products. Cambridge, MA: National Bureau of Economic Research, August 2005. http://dx.doi.org/10.3386/w11532.

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Shults, Gary W., Joseph S. Cohen, Vera C. Mason, John J. Howker, and Eugen Wierbicki. Radappertized Beef Products, Their Technology and Quality. Fort Belvoir, VA: Defense Technical Information Center, June 1999. http://dx.doi.org/10.21236/ada364709.

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Vayanos, Dimitri. Flight to Quality, Flight to Liquidity, and the Pricing of Risk. Cambridge, MA: National Bureau of Economic Research, February 2004. http://dx.doi.org/10.3386/w10327.

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Setlur, Anant, Linda Briel, Robert Cleaver, Brent Clothier, Yan Gao, Richard Harlow, Claire Henderson, et al. Phosphor Systems for Illumination Quality Solid State Lighting Products. Office of Scientific and Technical Information (OSTI), March 2010. http://dx.doi.org/10.2172/992847.

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Childress, C. E. (Quality control and nondestructive test procedures for welded products). Office of Scientific and Technical Information (OSTI), November 1990. http://dx.doi.org/10.2172/6421605.

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Leavengood, Scott. Identifying Best Quality Management Practices for Achieving Quality and Innovation Performance in the Forest Products Industry. Portland State University Library, January 2000. http://dx.doi.org/10.15760/etd.136.

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Salahuddin, Mir, and Young-A. Lee. Quality Features of Wearable Technology Embedded Products Using the Kano Model. Ames (Iowa): Iowa State University. Library, January 2019. http://dx.doi.org/10.31274/itaa.8784.

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Letchworth, Rebecca, and Mallori Guthrie. Generation Y’s Perception of Price and Quality Related to Apparel Products. Ames: Iowa State University, Digital Repository, 2013. http://dx.doi.org/10.31274/itaa_proceedings-180814-511.

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Nevo, Aviv. New Products, Quality Changes and Welfare Measures Computed From Estimated Demand Systems. Cambridge, MA: National Bureau of Economic Research, August 2001. http://dx.doi.org/10.3386/w8425.

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