Transformative value of the Internet of Things and pricing decisions

作者：

Highlights：

• Economic trade-off analysis of pricing decisions under uncertainty and investment decisions in Internet of Things.

• Higher profit when using contingent pricing and Internet of Things appropriately.

• Great influence of Internet of Things on firms’ pricing decisions.

摘要

•Economic trade-off analysis of pricing decisions under uncertainty and investment decisions in Internet of Things.•Higher profit when using contingent pricing and Internet of Things appropriately.•Great influence of Internet of Things on firms’ pricing decisions.

论文关键词：Internet of Things,Pricing under uncertainty,Contingent pricing,Consumer targeting

论文评审过程：Received 24 July 2018, Revised 14 November 2018, Accepted 4 January 2019, Available online 6 January 2019, Version of Record 18 January 2019.

论文官网地址：https://doi.org/10.1016/j.elerap.2019.100825