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Influence of Perceived Risk and Service Recovery on On-Line Shopping: A Dynamic Game of Incomplete Information

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Part of the book series: Computational Risk Management ((Comp. Risk Mgmt))

Abstract

Customers’ perceived risk is an important content in risk research field. Recently, perceived risk is being widely used in decision making and customers’ behavior explanation, and deserves a special recognition by scholars. Service failures are unavoidable for on-line shops because of their particularities. Certain deals being applied to win the customers satisfactory when service failures happen can benefit on-line shops to be competitive. With a two-stage dynamic game of incomplete information between on-line shops and customers, this paper discussed the relationship among the customers’ perceived risk, on-line shops optimal strategies and customers’ purchase behaviors.

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Correspondence to Yong Fang .

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© 2011 Springer-Verlag Berlin Heidelberg

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Fang, Y., Tao, F. (2011). Influence of Perceived Risk and Service Recovery on On-Line Shopping: A Dynamic Game of Incomplete Information. In: Wu, D. (eds) Modeling Risk Management in Sustainable Construction. Computational Risk Management. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-15243-6_45

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