Pub Date : 2024-06-19DOI: 10.1016/j.elerap.2024.101428
Miller-Janny Ariza-Garzón , Javier Arroyo , María-Jesús Segovia-Vargas , Antonio Caparrini
We propose a comprehensive profit-sensitive approach for credit risk modeling in P2P lending for small businesses, one of the most financially complex segments. We go beyond traditional and cost-sensitive approaches by including the financial costs and incomes through profits and introducing the profit information at three points of the modeling process: the estimation of the learning function of the classification algorithm (XGBoost in our case), the hyperparameter optimization, and the decision function. The profit-sensitive approaches achieve a higher level of profitability than the profit-insensitive approach in the small business case analyzed by granting mostly lower-risk, lower-amount loans. Explainability tools help us to discover the key features of such loans. Our proposal can be extended to other loan markets or other classification problems as long as the cells of the misclassification matrix have an economic value.
{"title":"Profit-sensitive machine learning classification with explanations in credit risk: The case of small businesses in peer-to-peer lending","authors":"Miller-Janny Ariza-Garzón , Javier Arroyo , María-Jesús Segovia-Vargas , Antonio Caparrini","doi":"10.1016/j.elerap.2024.101428","DOIUrl":"https://doi.org/10.1016/j.elerap.2024.101428","url":null,"abstract":"<div><p>We propose a comprehensive profit-sensitive approach for credit risk modeling in P2P lending for small businesses, one of the most financially complex segments. We go beyond traditional and cost-sensitive approaches by including the financial costs and incomes through profits and introducing the profit information at three points of the modeling process: the estimation of the learning function of the classification algorithm (XGBoost in our case), the hyperparameter optimization, and the decision function. The profit-sensitive approaches achieve a higher level of profitability than the profit-insensitive approach in the small business case analyzed by granting mostly lower-risk, lower-amount loans. Explainability tools help us to discover the key features of such loans. Our proposal can be extended to other loan markets or other classification problems as long as the cells of the misclassification matrix have an economic value.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"67 ","pages":"Article 101428"},"PeriodicalIF":5.9,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1567422324000735/pdfft?md5=2483f7172b4368f1a27294cec1a02f2d&pid=1-s2.0-S1567422324000735-main.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141486109","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-19DOI: 10.1016/j.elerap.2024.101429
Min Zhang , Sihong Li
Consumer loyalty plays a significant role in the sustainable marketing of classic large-scale online social promotions (CLOSPs). However, existing research mainly focuses on the single consumption behavior of consumers, overlooking the exploration of consumer CLOSPs loyalty from both cognitive and behavioral perspectives. This study aims to bridge this gap in the literature by exploring the impact mechanism of environmental factors on consumer loyalty in CLOSPs based on signaling theory and social cognitive theory. We apply a mixed-methods design containing both qualitative and quantitative stages. The research results show that perceived promotional incentives are influenced by three types of environmental signals: social-, product-, and platform-related signals. Subjective norms, relationship benefits, product involvement, and path dependence form consumer loyalty by influencing consumer cognition (including flow experience and satisfaction). Subjective norms and relationship benefits correspond to the passive and active dimensions of social-related signals, respectively. Further, three configurations can lead to high levels of consumer loyalty to CLOSPs. Our findings propose that e-commerce practitioners should leverage environmental signals to stimulate perceived promotional incentives and foster high loyalty to CLOSPs.
{"title":"Online promotion cooling? The influence mechanism of consumer loyalty in classic large-scale online social promotions","authors":"Min Zhang , Sihong Li","doi":"10.1016/j.elerap.2024.101429","DOIUrl":"https://doi.org/10.1016/j.elerap.2024.101429","url":null,"abstract":"<div><p>Consumer loyalty plays a significant role in the sustainable marketing of classic large-scale online social promotions (CLOSPs). However, existing research mainly focuses on the single consumption behavior of consumers, overlooking the exploration of consumer CLOSPs loyalty from both cognitive and behavioral perspectives. This study aims to bridge this gap in the literature by exploring the impact mechanism of environmental factors on consumer loyalty in CLOSPs based on signaling theory and social cognitive theory. We apply a mixed-methods design containing both qualitative and quantitative stages. The research results show that perceived promotional incentives are influenced by three types of environmental signals: social-, product-, and platform-related signals. Subjective norms, relationship benefits, product involvement, and path dependence form consumer loyalty by influencing consumer cognition (including flow experience and satisfaction). Subjective norms and relationship benefits correspond to the passive and active dimensions of social-related signals, respectively. Further, three configurations can lead to high levels of consumer loyalty to CLOSPs. Our findings propose that e-commerce practitioners should leverage environmental signals to stimulate perceived promotional incentives and foster high loyalty to CLOSPs.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"67 ","pages":"Article 101429"},"PeriodicalIF":5.9,"publicationDate":"2024-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141486089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-16DOI: 10.1016/j.elerap.2024.101421
Jinao Zhang, Xinyuan Lu, Wenqing Zheng, Xuelin Wang
Artificial intelligence (AI) chatbot have become increasingly popular as a tool for improving employee productivity over the last few years. In the early stages of AI chatbot development, exploring the impact of AI chatbot service failures on user reusage intention is useful for coordinating human–computer interaction and optimizing AI chatbot service mechanisms. The extant literature on AI service failures focuses on service recovery and anthropomorphism. There is less literature comparing different types of service failures and their effects. The article includes three studies. First, a randomized group experiment was conducted with 120 respondents. The results showed significant differences in the impact of different AI chatbot service failures on user reusage intentions. Second, an online questionnaire was completed by 386 respondents, the results found specific impact mechanisms of service failures on user reusage intentions. Third, an interview survey was conducted with 15 customers using AI chatbots to verify the findings of Study 1 and Study 2. Furthermore determine the boundary conditions for the unsupported hypotheses through meta-inference. The research enriches the literature on relationship marketing and expands the attribution theory of service failures. In addition, which provides theoretical basis and practical support for companies to reduce adverse effects of service failures.
{"title":"It’s better than nothing: The influence of service failures on user reusage intention in AI chatbot","authors":"Jinao Zhang, Xinyuan Lu, Wenqing Zheng, Xuelin Wang","doi":"10.1016/j.elerap.2024.101421","DOIUrl":"https://doi.org/10.1016/j.elerap.2024.101421","url":null,"abstract":"<div><p>Artificial intelligence (AI) chatbot have become increasingly popular as a tool for improving employee productivity over the last few years. In the early stages of AI chatbot development, exploring the impact of AI chatbot service failures on user reusage intention is useful for coordinating human–computer interaction and optimizing AI chatbot service mechanisms. The extant literature on AI service failures focuses on service recovery and anthropomorphism. There is less literature comparing different types of service failures and their effects. The article includes three studies. First, a randomized group experiment was conducted with 120 respondents. The results showed significant differences in the impact of different AI chatbot service failures on user reusage intentions. Second, an online questionnaire was completed by 386 respondents, the results found specific impact mechanisms of service failures on user reusage intentions. Third, an interview survey was conducted with 15 customers using AI chatbots to verify the findings of Study 1 and Study 2. Furthermore determine the boundary conditions for the unsupported hypotheses through <em>meta</em>-inference. The research enriches the literature on relationship marketing and expands the attribution theory of service failures. In addition, which provides theoretical basis and practical support for companies to reduce adverse effects of service failures.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"67 ","pages":"Article 101421"},"PeriodicalIF":6.0,"publicationDate":"2024-06-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141423485","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-15DOI: 10.1016/j.elerap.2024.101425
Yuxiang Zhang, Weijun Zhong
This paper analyzes the manufacturer and retailer’s advertising and pricing strategies within three typical modes of advertising under manufacturer encroachment and derives the optimal advertising mode. We find that if the supply chain members choose to advertise, compared to the scenario without manufacturer encroachment, the manufacturer gets more profit attributed to the expanded demand and advertising efforts, but the retailer gets more profit only if the advertising effectiveness is high. Then, we summarize that when the unit advertising cost is low, the supply chain members do not advertise under manufacturer encroachment. Thirdly, we find that retailer advertising cannot be the optimal advertising mode for the manufacturer. When the unit advertising cost is high and the substitutability level is low, joint advertising is optimal; otherwise, manufacturer advertising is optimal. Finally, we delve into the cost-sharing joint advertising strategy of the supply chain members, and find that within the scenario of cost-sharing joint advertising, the manufacturer can get more profit at the retailer’s expense compared to other advertising modes.
{"title":"Advertising mode selection strategy under manufacturer encroachment","authors":"Yuxiang Zhang, Weijun Zhong","doi":"10.1016/j.elerap.2024.101425","DOIUrl":"10.1016/j.elerap.2024.101425","url":null,"abstract":"<div><p>This paper analyzes the manufacturer and retailer’s advertising and pricing strategies within three typical modes of advertising under manufacturer encroachment and derives the optimal advertising mode. We find that if the supply chain members choose to advertise, compared to the scenario without manufacturer encroachment, the manufacturer gets more profit attributed to the expanded demand and advertising efforts, but the retailer gets more profit only if the advertising effectiveness is high. Then, we summarize that when the unit advertising cost is low, the supply chain members do not advertise under manufacturer encroachment. Thirdly, we find that retailer advertising cannot be the optimal advertising mode for the manufacturer. When the unit advertising cost is high and the substitutability level is low, joint advertising is optimal; otherwise, manufacturer advertising is optimal. Finally, we delve into the cost-sharing joint advertising strategy of the supply chain members, and find that within the scenario of cost-sharing joint advertising, the manufacturer can get more profit at the retailer’s expense compared to other advertising modes.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"67 ","pages":"Article 101425"},"PeriodicalIF":6.0,"publicationDate":"2024-06-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141405762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-11DOI: 10.1016/j.elerap.2024.101419
Hoon Park, Jason J. Jung
This study proposes a heterogeneous recommendation model that does not rely on data sharing. Previous studies have predominantly focused on nested homogeneous domains that share data. However, this approach encounters issues as it could lead to diminished recommendation performance when there is a scarcity of redundant data within these domains. To overcome these challenges, we propose the HeteLFX model, which extracts and bridges the latent features (LF) of each domain. This model resolves the problems by leveraging the metainformation of domain items to generate an LF. LF is extracted for each domain, and bridges are established based on the relevance of the latent knowledge, thereby enabling heterogeneous recommendations. The efficacy of the HeteLFX model was assessed by comparing it with four other heterogeneous recommendation systems, which are variants of X-Map and NX-Map. The results revealed that the HeteLFX model improved performance by reducing the mean absolute error (MAE) by approximately 0.3, thereby underscoring the superiority of the model. Additionally, HeteLFX reduced the MAE by up to approximately 0.45, depending on the relevance of the data within the domain.
{"title":"HeteLFX: Heterogeneous recommendation with latent feature extraction","authors":"Hoon Park, Jason J. Jung","doi":"10.1016/j.elerap.2024.101419","DOIUrl":"10.1016/j.elerap.2024.101419","url":null,"abstract":"<div><p>This study proposes a heterogeneous recommendation model that does not rely on data sharing. Previous studies have predominantly focused on nested homogeneous domains that share data. However, this approach encounters issues as it could lead to diminished recommendation performance when there is a scarcity of redundant data within these domains. To overcome these challenges, we propose the HeteLFX model, which extracts and bridges the latent features (LF) of each domain. This model resolves the problems by leveraging the metainformation of domain items to generate an LF. LF is extracted for each domain, and bridges are established based on the relevance of the latent knowledge, thereby enabling heterogeneous recommendations. The efficacy of the HeteLFX model was assessed by comparing it with four other heterogeneous recommendation systems, which are variants of X-Map and NX-Map. The results revealed that the HeteLFX model improved performance by reducing the mean absolute error (MAE) by approximately 0.3, thereby underscoring the superiority of the model. Additionally, HeteLFX reduced the MAE by up to approximately 0.45, depending on the relevance of the data within the domain.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"67 ","pages":"Article 101419"},"PeriodicalIF":5.9,"publicationDate":"2024-06-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141408925","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-09DOI: 10.1016/j.elerap.2024.101422
Xusen Cheng , Xiaowen Huang , Bo Yang , Shan Chen , Yijun Yan
The rise of the sharing economy has transformed traditional housing rental practices, with short-term rental (STR) emerging as a successful model in the accommodation sector. However, information asymmetry and trust issues pose significant challenges within STR platforms, emphasizing the importance of improving user stickiness. This study utilizes a two-stage, multi-method approach to validate the dimensions of perceived justice among guests in STR settings and their impact on user stickiness. The results demonstrate that guests’ perceptions of justice are primarily influenced by dimensions such as distributive, interpersonal, informational, and procedural justice, which in turn positively affect platform stickiness through the mediation of trust and relationship commitment. These findings offer valuable insights for addressing justice concerns and enhancing user stickiness in the STR landscape.
{"title":"How perceived justice leads to stickiness to short-term rental platforms: Unveiling the effect of relationship commitment and trust","authors":"Xusen Cheng , Xiaowen Huang , Bo Yang , Shan Chen , Yijun Yan","doi":"10.1016/j.elerap.2024.101422","DOIUrl":"https://doi.org/10.1016/j.elerap.2024.101422","url":null,"abstract":"<div><p>The rise of the sharing economy has transformed traditional housing rental practices, with short-term rental (STR) emerging as a successful model in the accommodation sector. However, information asymmetry and trust issues pose significant challenges within STR platforms, emphasizing the importance of improving user stickiness. This study utilizes a two-stage, multi-method approach to validate the dimensions of perceived justice among guests in STR settings and their impact on user stickiness. The results demonstrate that guests’ perceptions of justice are primarily influenced by dimensions such as distributive, interpersonal, informational, and procedural justice, which in turn positively affect platform stickiness through the mediation of trust and relationship commitment. These findings offer valuable insights for addressing justice concerns and enhancing user stickiness in the STR landscape.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"66 ","pages":"Article 101422"},"PeriodicalIF":6.0,"publicationDate":"2024-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141303473","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-06-01DOI: 10.1016/j.elerap.2024.101412
Mingjie Li , Yunhan Liu , Weiwei Jiang , Yuxuan Zhu , Jiuchuan Jiang , Mingfeng Jiang , Shuqing Li
Objective
The problem of low model performance caused by the lack of negative samples in the recommendation method based on implicit feedback information can be solved.
Methods
The implicit feedback recommendation model DAEGAN is constructed based on the conditional generative adversarial network framework. The Denoising Auto-Encoder is used as a generator to capture nonlinear potential factors in the interaction and improve the robustness of model. In this paper, a strong and weak negative sampling strategy is proposed, which combines the visibility of user in time points to mine uninteresting items and acquire strong negative samples, and injects these information into the model by modifying the masking mechanism to solve the problem of missing negative samples.
Results
Experiments on MovieLens 100 K, Amazon Movie and TV, MovieLens 1 M datasets show that the recommendation accuracy of CFGAN based on strong and weak negative sampling and DAEGAN proposed in this paper has been improved.
Limitations
The generation of strong negative samples is based on user interaction records, which cannot solve effectively cold start problems in extremely sparse data.
Conclusions
After DAEGAN application, the strong and weak negative sampling method proposed in this paper has generally higher recommendation accuracy than those mainstream recommendation algorithms. The code is available at https://github.com/nanjingzhuyuxuan/DAEGAN.
方法基于条件生成对抗网络框架构建了隐式反馈推荐模型 DAEGAN。采用去噪自动编码器作为生成器,捕捉交互中的非线性潜在因素,提高模型的鲁棒性。结果在 MovieLens 100 K、Amazon Movie and TV、MovieLens 1 M 数据集上的实验表明,基于强弱负采样的 CFGAN 和本文提出的 DAEGAN 的推荐准确率得到了提高。局限性强负样本的生成基于用户交互记录,无法有效解决极度稀疏数据中的冷启动问题。结论在 DAEGAN 应用后,本文提出的强弱负采样方法的推荐准确率普遍高于主流推荐算法。代码见 https://github.com/nanjingzhuyuxuan/DAEGAN。
{"title":"Improved negative sampling method in collaborative filtering recommendation based on Generative adversarial network","authors":"Mingjie Li , Yunhan Liu , Weiwei Jiang , Yuxuan Zhu , Jiuchuan Jiang , Mingfeng Jiang , Shuqing Li","doi":"10.1016/j.elerap.2024.101412","DOIUrl":"https://doi.org/10.1016/j.elerap.2024.101412","url":null,"abstract":"<div><h3>Objective</h3><p>The problem of low model performance caused by the lack of negative samples in the recommendation method based on implicit feedback information can be solved.</p></div><div><h3>Methods</h3><p>The implicit feedback recommendation model DAEGAN is constructed based on the conditional generative adversarial network framework. The Denoising Auto-Encoder is used as a generator to capture nonlinear potential factors in the interaction and improve the robustness of model. In this paper, a strong and weak negative sampling strategy is proposed, which combines the visibility of user in time points to mine uninteresting items and acquire strong negative samples, and injects these information into the model by modifying the masking mechanism to solve the problem of missing negative samples.</p></div><div><h3>Results</h3><p>Experiments on MovieLens 100 K, Amazon Movie and TV, MovieLens 1 M datasets show that the recommendation accuracy of CFGAN based on strong and weak negative sampling and DAEGAN proposed in this paper has been improved.</p></div><div><h3>Limitations</h3><p>The generation of strong negative samples is based on user interaction records, which cannot solve effectively cold start problems in extremely sparse data.</p></div><div><h3>Conclusions</h3><p>After DAEGAN application, the strong and weak negative sampling method proposed in this paper has generally higher recommendation accuracy than those mainstream recommendation algorithms. The code is available at <span>https://github.com/nanjingzhuyuxuan/DAEGAN</span><svg><path></path></svg>.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"66 ","pages":"Article 101412"},"PeriodicalIF":6.0,"publicationDate":"2024-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141250177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-22DOI: 10.1016/j.elerap.2024.101413
DianHui Mao , YiMing Liu , RuiXuan Li , JunHua Chen , YuanRong Hao , JianWei Wu
In the evolving landscape of food e-commerce live streaming, the profusion of textual data, marked by an excess of promotional vernacular and unstructured formats, presents a formidable challenge for event extraction. Addressing these hurdles, we introduce a tailored ontology-based method alongside FMLEE (Food Marketing Live Event Extraction), a joint event extraction algorithm. This approach simplifies the event identification process through meticulous segmentation and the development of an ontology comprising 5 event categories and 19 argument roles. By integrating context-aware embeddings derived from pre-trained language models and applying an adversarial learning tactic, our methodology not only bolsters the robustness of our model but also significantly refines its accuracy in discerning relevant events within the scarce-resource milieu of food live streaming promotions. The effectiveness of the FMLEE model is validated by its achievement of an F1 score of 73.05%, with the inclusion of adversarial learning contributing to a 2.61% enhancement in performance. This evidences our novel contribution to the domain, offering robust technical support for the optimal exploitation of information within the sphere of food live streaming promotions. Simultaneously, this aids in the investigation of innovative applications for consumer engagement within marketing strategies and the smart regulation of marketing activities.
{"title":"Research on the joint event extraction method orientates food live e-commerce","authors":"DianHui Mao , YiMing Liu , RuiXuan Li , JunHua Chen , YuanRong Hao , JianWei Wu","doi":"10.1016/j.elerap.2024.101413","DOIUrl":"10.1016/j.elerap.2024.101413","url":null,"abstract":"<div><p>In the evolving landscape of food e-commerce live streaming, the profusion of textual data, marked by an excess of promotional vernacular and unstructured formats, presents a formidable challenge for event extraction. Addressing these hurdles, we introduce a tailored ontology-based method alongside FMLEE (Food Marketing Live Event Extraction), a joint event extraction algorithm. This approach simplifies the event identification process through meticulous segmentation and the development of an ontology comprising 5 event categories and 19 argument roles. By integrating context-aware embeddings derived from pre-trained language models and applying an adversarial learning tactic, our methodology not only bolsters the robustness of our model but also significantly refines its accuracy in discerning relevant events within the scarce-resource milieu of food live streaming promotions. The effectiveness of the FMLEE model is validated by its achievement of an F1 score of 73.05%, with the inclusion of adversarial learning contributing to a 2.61% enhancement in performance. This evidences our novel contribution to the domain, offering robust technical support for the optimal exploitation of information within the sphere of food live streaming promotions. Simultaneously, this aids in the investigation of innovative applications for consumer engagement within marketing strategies and the smart regulation of marketing activities.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"66 ","pages":"Article 101413"},"PeriodicalIF":6.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141142768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-05-22DOI: 10.1016/j.elerap.2024.101411
Qiuchen Gu , Tijun Fan , Wanke Han
In this paper, we introduce the optimization of hybrid delivery by vehicle and drones. Hybrid delivery by vehicle and drones is advantageous for improving O2O last-mile delivery efficiency. However, vehicle stop selection and drone delivery sortie arrangement are challenging in the optimization of hybrid delivery by vehicle and drones because cyclic sorties and forward sorties jointly influence the total makespan of the delivery. To minimize the delivery makespan, an MILP model for hybrid delivery is formulated considering both the cyclic sorties and forward sorties of drones. In the proposed model, the intertwined influences of the flight times of cyclic and forward sorties and their further effects on total delivery makespan are depicted. Additionally, we introduce an ACO based on set covering for the selection of vehicle stops and a customized HGSADC for the arrangement of drone sorties. A study based on a simulated case and experiments based on 40 generated instances at different scales are explored to assess the optimization of hybrid delivery by vehicle and drones.
{"title":"Optimization of hybrid delivery by vehicle and drones","authors":"Qiuchen Gu , Tijun Fan , Wanke Han","doi":"10.1016/j.elerap.2024.101411","DOIUrl":"10.1016/j.elerap.2024.101411","url":null,"abstract":"<div><p>In this paper, we introduce the optimization of hybrid delivery by vehicle and drones. Hybrid delivery by vehicle and drones is advantageous for improving O2O last-mile delivery efficiency. However, vehicle stop selection and drone delivery sortie arrangement are challenging in the optimization of hybrid delivery by vehicle and drones because cyclic sorties and forward sorties jointly influence the total makespan of the delivery. To minimize the delivery makespan, an MILP model for hybrid delivery is formulated considering both the cyclic sorties and forward sorties of drones. In the proposed model, the intertwined influences of the flight times of cyclic and forward sorties and their further effects on total delivery makespan are depicted. Additionally, we introduce an ACO based on set covering for the selection of vehicle stops and a customized HGSADC for the arrangement of drone sorties. A study based on a simulated case and experiments based on 40 generated instances at different scales are explored to assess the optimization of hybrid delivery by vehicle and drones.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"66 ","pages":"Article 101411"},"PeriodicalIF":6.0,"publicationDate":"2024-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141141218","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A signaling game model is constructed in the framework of a supply chain system consisting of a financially constrained supplier and an e-commerce platform acting as marketplace and a creditor simultaneously. The primary concern of this work is to investigate how the e-commerce platform, which has superior information about market demand, indirectly communicates this information to the financially constrained supplier through its marketing efforts. Under both separating and pooling equilibria, the decisions and profits of each member of the supply chain are firstly considered. Furthermore, using an “intuitive criterion”, the e-commerce platform’s dominant strategy and its influencing factors are analyzed. The results show that when there is a significant difference in the marginal marketing costs, the platform tends to choose the separating equilibrium. When the difference in marginal marketing costs is relatively slight, the e-commerce platform’s dominant strategy depends on the capital of the supplier and the level of market demand fluctuations. Specifically, the e-commerce platform will select the pooling equilibrium when market demand fluctuations are minimal, but the platform will select the separating equilibrium when market demand fluctuations are substantially large. If the supplier’s capital is increased within a certain range, the e-commerce platform is more motivated to select the pooling equilibrium. In addition, the platform usage fee ratio, the platform loan interest rate and the supplier’s prior beliefs are important factors influencing the platform’s decision.
{"title":"Information transmit strategy of e-commerce platform with financially constrained supplier","authors":"Zhaobo Chen , Xin Li , Chunying Tian , Zhenzhen Shen","doi":"10.1016/j.elerap.2024.101415","DOIUrl":"10.1016/j.elerap.2024.101415","url":null,"abstract":"<div><p>A signaling game model is constructed in the framework of a supply chain system consisting of a financially constrained supplier and an e-commerce platform acting as marketplace and a creditor simultaneously. The primary concern of this work is to investigate how the e-commerce platform, which has superior information about market demand, indirectly communicates this information to the financially constrained supplier through its marketing efforts. Under both separating and pooling equilibria, the decisions and profits of each member of the supply chain are firstly considered. Furthermore, using an “intuitive criterion”, the e-commerce platform’s dominant strategy and its influencing factors are analyzed. The results show that when there is a significant difference in the marginal marketing costs, the platform tends to choose the separating equilibrium. When the difference in marginal marketing costs is relatively slight, the e-commerce platform’s dominant strategy depends on the capital of the supplier and the level of market demand fluctuations. Specifically, the e-commerce platform will select the pooling equilibrium when market demand fluctuations are minimal, but the platform will select the separating equilibrium when market demand fluctuations are substantially large. If the supplier’s capital is increased within a certain range, the e-commerce platform is more motivated to select the pooling equilibrium. In addition, the platform usage fee ratio, the platform loan interest rate and the supplier’s prior beliefs are important factors influencing the platform’s decision.</p></div>","PeriodicalId":50541,"journal":{"name":"Electronic Commerce Research and Applications","volume":"66 ","pages":"Article 101415"},"PeriodicalIF":6.0,"publicationDate":"2024-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141145547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}