Research on Consumers’ Judging Process for Price

Online Consumers’ Perception on Price Fairness

This study adopts illusion of control and lateral consumer relationship to investigate their effects on price fairness in online auction and group buying context. These two variables have been known to have strong influences in fairness perception on human decision making processes and outcomes. Through laboratory experiments, this study demonstrates that consumers’ perception on illusion of co...

Study and Research on the Six-Year Process of Bitcoin Price and Return

The purpose of this study, is create a challenge and discussion concerning the existence of information about the Bitcoin price and return, which suggests the relationship of information and the strong performance it. The information trends are available at different time periods and the summary data related to the statistical descriptions for the price and return index are also discussed. In t...

Intermediary Bargaining for Price-Insensitive Consumers

We show that under common assumptions, prices derived from standard bargaining models between insurers and hospitals are such that surplus-maximizing insurers pay more for every patient-service than the value of the service to the patient. We propose an alternative model, consistent with practitioner evidence. The equilibrium of our model and the corresponding equations for estimation are such ...

Price Discrimination and Irrational Consumers

A Process for Developing the Statement of Internet Research Ethics based on Action Research Method

Background: Research ethics in cyberspace or Internet research ethics (IRE) is a subset of applied ethics that aims to study, introduce, and apply ethical codes for guiding research activities in cyberspace. The compilation of the ethical statement is based on two methods of documentary research and action research. The action research process is implemented in four stages: 1) diagnosis, 2) act...