2018
DOI: 10.1155/2018/7947894
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An Empirical Research on Marketing Strategies of Different Risk Preference Merchant

Abstract: Holiday merchandise has unique demand characteristics, unofficial start data, and a limited life cycle. In an intensely competitive market, individual merchants are able to get more sales opportunities if they display their products earlier. In this study, a timevariant variance and time-variant expected market demand model are introduced to investigate the order strategies that are used by risk-averse holiday merchants. Our results show that risk preference, market uncertainty, and market power have a signifi… Show more

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Cited by 7 publications
(4 citation statements)
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References 36 publications
(51 reference statements)
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“…On the other hand, tourism can retard the overheating of the development of the economy as it is less influenced by economic factors [47,48]. Therefore, tourism cities can enjoy the benefits from coordination between the development of finance and the growth of the tourism industry, to avoid the negative effects from outside shocks and maintain sustainability [49][50][51][52][53][54][55][56][57][58][59][60].…”
Section: Resultsmentioning
confidence: 99%
“…On the other hand, tourism can retard the overheating of the development of the economy as it is less influenced by economic factors [47,48]. Therefore, tourism cities can enjoy the benefits from coordination between the development of finance and the growth of the tourism industry, to avoid the negative effects from outside shocks and maintain sustainability [49][50][51][52][53][54][55][56][57][58][59][60].…”
Section: Resultsmentioning
confidence: 99%
“…Marketing strategies were investigated by Quan et al, (2018) through empirical research involving various merchants.…”
Section: Empirical Reviewmentioning
confidence: 99%
“…According to the power structure of the supply chain members, there are three kinds of supply chain structure, i.e., no channel leader (model N), manufacturer as channel leader (model M), and retailer as channel leader (model R). In the next section, we apply the differential game theory to solve the open-loop control strategy [29][30][31][32][33][34][35].…”
Section: Notation Definition ρmentioning
confidence: 99%