主管:中国科学院
主办:中国优选法统筹法与经济数学研究会
   中国科学院科技战略咨询研究院
Articles

Quality Differentiation Productfalse Information Research in the Duopoly Market Under the Conditions of Asymmetric Information

Expand
  • School of business, Central South University, Changsha 410083, China

Received date: 2014-07-13

  Revised date: 2015-02-16

  Online published: 2016-03-18

Abstract

With the improvement of consumption level, the demand of differential product is growing. In order to improve enterprises' profits, they provide differentiated products of their quality to meet consumer's demands. Abounding differentiated products would be bound to induce product quality information asymmetry problem between enterprises and consumers. This will make enterprises use false information to improve corporate profits. Therefore, this paper constructs a pricing model of differentiated products of their quality in duopoly market based on Bertrand game model, and then analyzes the two enterprises' profits under different information strategy. The results show that the Nash equilibrium for the both enterprises is using false information in duopoly market. On the basis of the results a reasonable solution is provided to avoid the false information from the contract theory. Research finds that enterprises will not get a higher profit using false information under the restriction of punishment. Nevertheless, whether the revenue of the consumers is increased or not, it depends on the degree of penalty. Finally the validity of the model is confirmed through analysis of examples. This paper combines the quality differentiation with asymmetric information, deepen the differentiated product pricing research, and broaden the research scope of information asymmetry.

Cite this article

ZHOU Xiong-Wei, LIU Peng-chao, CHEN Xiao-hong . Quality Differentiation Productfalse Information Research in the Duopoly Market Under the Conditions of Asymmetric Information[J]. Chinese Journal of Management Science, 2016 , 24(3) : 133 -140 . DOI: 10.16381/j.cnki.issn1003-207x.2016.03.016

References

[1] Chamberlim E H. The theory of monopolistic competition[M]. Boston:Harvard University Press, 1933.

[2] Liu Qian, Zhang Dan.Dynamic pricing competition with strategic customers under vertical product differentiation[J].Management Science, 2013, 59(1):84-101.

[3] Parlaktürk A K. The value of product variety when selling to strategic consumers[J].Manufacturing & Service Operations Management, 2012, 14(3):371-385.

[4] 尹敬东. 质量差异成本与产品差异的均衡定价分析[J].数量经济技术经济研究,2001,18(2):83-86.

[5] 李善民,曾昭灶.质量差异化与产品互补型企业兼并问题[J].管理科学学报, 2003, 6(6):54-59.

[6] 种晓丽,张金隆,满青珊,等.基于消费者效用的移动服务定价策略研究[J].管理学报, 2011, 8(12):1823-1830.

[7] 姜青舫,姜树元. 同类异质产品市场博弈 Nash 均衡最优策略模型[J].中国管理科学, 2003, 11(4):69-72.

[8] 刘晓峰,黄沛,杨雄峰. 具有网络外部性的双寡头市场的动态定价策略[J].中国管理科学, 2006, 15(1):94-98.

[9] 王庆国,蔡淑琴,汤云飞. 基于质量信息不对称度的消费者效用与企业利润研究[J].中国管理科学, 2006, 14(1):88-92.

[10] 付红桥,蔡淑琴. 信息不对称度及其变化规律研究[J].华中科技大学学报(自然科学版),2004,32(4):41-431.

[11] 姜树元,姜青航.基于现代效用的产品功能评估模型与方法[J].系统工程,2001,19(6):83-871.

[12] Akerlof G A. The market for "Lemons":Quality uncertainty and the market mechanism[J]. The Quarterly Journal of Economics,1970, 84(3):488-500.

[13] 朱立龙,尤建新. 非对称信息供应链质量信号传递博弈分析[J].中国管理科学, 2011, 19(1):109-118.

[14] 张翠华, 鲁丽丽. 基于质量风险的易逝品供应链协同质量控制[J].东北大学学报, 2011, 32(1):145-148.

[15] Lee C H. Quality uncertainty and quality-compensation contract for supply chain coordination[J].European Journal of Operational Research, 2013, 228(3):582-591.

[16] Baiman S. Information, contracting,and quality costs[J]. Management Science,2000,46(6):776-789.

[17] 朱立龙,尤建新.非对称信息供应链道德风险策略研究[J].计算机集成制造系统,2010,16(11):2503-2509.

[18] Bhattacharyya S, Lafontaine F.Double-sided moral hazard and the nature of share contracts[J].RAND Journal Econom, 1995,26(4):4761-781.

[19] Pun H, Heese H S. Outsourcing to suppliers with unknown capabilities[J].European Journal of Operational Research, 2014, 234(1):108-118.
Outlines

/