Optimal Referral Reward Considering Customer’s Budget Constraint

Everyone likes Porsche but few can afford it. Budget constraints always play a critical role in a customer’s decision-making. The literature disproportionally focuses on how firms can induce customer valuations toward the product, but does not address how to assess the influence of budget constraint...

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Bibliographic Details
Main Authors: Dan Zhou, Zhong Yao
Format: Article
Language:English
Published: MDPI AG 2015-12-01
Series:Future Internet
Subjects:
Online Access:http://www.mdpi.com/1999-5903/7/4/516