Design for the pricing strategy of return-freight insurance based on online product reviews
作者：
Highlights：
• Return-freight insurance, which compensates insured the loss of online product return-freight charge.
• Product-fit uncertainty must be considered when analyze return-freight insurance pricing strategy.
• The relationship between return-freight insurance premium and product-fit uncertainty is not a positive correlation.
• The insurer’s profit does not always increase as the return-freight insurance premium grows.
• Moral hazard should be considered as an important constraint in the design of insurance pricing strategy.
摘要
•Return-freight insurance, which compensates insured the loss of online product return-freight charge.•Product-fit uncertainty must be considered when analyze return-freight insurance pricing strategy.•The relationship between return-freight insurance premium and product-fit uncertainty is not a positive correlation.•The insurer’s profit does not always increase as the return-freight insurance premium grows.•Moral hazard should be considered as an important constraint in the design of insurance pricing strategy.
论文关键词：Return-freight insurance,Online product review,Product fit uncertainty,Return policy
论文评审过程：Received 19 May 2016, Revised 21 April 2017, Accepted 1 May 2017, Available online 29 May 2017, Version of Record 16 August 2017.
论文官网地址：https://doi.org/10.1016/j.elerap.2017.05.001
