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Parameter | Description |
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Pn | The benefit of nondifferential pricing by e-commerce company to consumer |
Pd | The benefit of differential pricing by e-commerce company to consumer |
∆P | The additional benefit of differential pricing by e-commerce company to the loyal consumer |
M | Compensation of e-commerce company to the loyal consumer for differential pricing |
Te | The reputation value of the loyal consumer to e-commerce company |
Ul | The utility obtained by the loyal consumer from purchasing goods |
Ud | The utility obtained by the disloyal consumer from purchasing goods |
Cc | The cost of consumer complaint |
α | Probability of loyal consumer discovering differential pricing under government loose supervision, and |
| The cost of strict supervision by the government regulatory department |
N | Social reputation loss caused by differential pricing under government loose supervision |
R | The social benefit of nondifferential pricing under the government strict supervision |
Ie | Fine by government regulatory department for differential pricing to e-commerce company |
Ip | Fine by government imposed on the platform for nonsupervision of e-commerce company information resulting in differential pricing |
S | The normal benefit obtained by the government from the operation of the e-commerce platform |
W | The benefit of the platform reasonably providing information to the e-commerce company |
Cp | The cost of the platform’s information supervision on the e-commerce company |
F | Fines imposed by the platform to e-commerce company for differential pricing during information supervision |
β | The proportion of the fine imposed by the e-commerce platform for differential pricing of e-commerce company, |
Tp | The reputation value of the loyal consumer to the e-commerce platform |
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