Theoretical foundations in the pricing of intermediating services: the case of mobile phone payments
Ng, Irene C. L.; Yip, Nick
Date: 2010
Journal
Journal of Revenue and Pricing Management
Publisher
Palgrave
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Abstract
Intermediating services are relatively new in research. This study explores how
consumers may determine the value of intermediating services and the extent on
willingness to pay. We investigate a mobile payment technology that intermediates
payments facilitated by a telecommunication company and a bank. We show that a derived effect ...
Intermediating services are relatively new in research. This study explores how
consumers may determine the value of intermediating services and the extent on
willingness to pay. We investigate a mobile payment technology that intermediates
payments facilitated by a telecommunication company and a bank. We show that a derived effect may persuade consumers to pay higher for the intermediating service when the items purchased has higher surplus to ustify the consumption of the service.
Our study also shows that money has polarity, in that money that is ‘owned’ by the individual is viewed differently from money ‘not owned’.
Management
Faculty of Environment, Science and Economy
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