Research Article

Dynamic Pricing for Dual-Channel Supply Chain considering Consumers with Double-Entry Mental Accounting

Table 1

Utility function of the consumer under different payment schemes.

Payment schemePerceived valuePerceived pricePerceived utility

Postpayment onlinePay per useFrom retailer during period one
PostpayFrom manufacturer during period one
From manufacturer during period two

General paymentPay per useFrom retailer during period one
PrepayFrom manufacturer during period one
From manufacturer during period two