|Table of Contents|

[1] Liu Xueyu, Mei Shue, Zhong Weijun,. Firm review revelation policy consideringsocial ties among consumers [J]. Journal of Southeast University (English Edition), 2021, (1): 98-103. [doi:10.3969/j.issn.1003-7985.2021.01.013]
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Firm review revelation policy consideringsocial ties among consumers()
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Journal of Southeast University (English Edition)[ISSN:1003-7985/CN:32-1325/N]

Volumn:
Issue:
2021年第1期
Page:
98-103
Research Field:
Economy and Management
Publishing date:
2021-03-20

Info

Title:
Firm review revelation policy consideringsocial ties among consumers
Author(s):
Liu Xueyu Mei Shu’e Zhong Weijun
School of Economics and Management, Southeast University, Nanjing 211189, China
Keywords:
online product review social tie review revelation policy social commerce
PACS:
C934
DOI:
10.3969/j.issn.1003-7985.2021.01.013
Abstract:
An optimization model is proposed to analyze the optimal review revelation policies and consumer online social network management strategies of e-commerce firms. The results show that displaying friend reviews to consumers does not necessarily increase firms’ profits. Only when positive reviews account for a large proportion of all the reviews and when the cost of showing friend reviews is not high, can showing friend reviews be more profitable than not showing such information. The distribution of social ties among consumers can affect firms’ profits. Even in the case that showing friend reviews to consumers is more profitable, an increase in the proportion of strong ties is not necessarily beneficial to firms. Only when the proportion of positive reviews is large enough, can firms’ profits increase with the increase in the proportion of strong ties among consumers. Moreover, the degree of consumer distrust in the average quality rating can also affect firms’ strategies for managing consumer online social networks. As the degree of consumer distrust in the average quality rating rises, firms are more likely to obtain higher profits by taking measures to increase the proportion of strong ties among consumers on their websites.

References:

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Memo

Memo:
Biographies: Liu Xueyu(1994—), female, Ph.D. candidate; Mei Shu’e(corresponding author), female, doctor, professor, meishue@seu.edu.cn.
Foundation item: The National Social Science Foundation of China(No.17BGL196).
Citation: Liu Xueyu, Mei Shu’e, Zhong Weijun.Firm review revelation policy considering social ties among consumers[J].Journal of Southeast University(English Edition), 2021, 37(1):98-103.DOI:10.3969/j.issn.1003-7985.2021.01.013.
Last Update: 2021-03-20