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Price determinants for remanufactured electronic products: a case study on eBay UK

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Listed:
  • Gu Pang
  • Fabrizio Casalin
  • Savvas Papagiannidis
  • Luc Muyldermans
  • Ying Kei Tse

Abstract

In this paper, we analyse the market determinants of price differentials between new and remanufactured products in Electronics using data on purchases made on eBay UK. The empirical analysis is carried out by means of linear regression methods, which are capable of controlling for the presence of collinearity among the explanatory variables. Our empirical results suggest that the seller reputation, length of warranties, proxies of demand and supply of remanufactured products, duration, end day of product listings as well as the availability of return policies are important determinants of price differentials. Most importantly, we find that the seller identity plays an important role, as our empirical results are predominantly driven by transactions carried out by non-manufacturer-approved vendors.

Suggested Citation

  • Gu Pang & Fabrizio Casalin & Savvas Papagiannidis & Luc Muyldermans & Ying Kei Tse, 2015. "Price determinants for remanufactured electronic products: a case study on eBay UK," International Journal of Production Research, Taylor & Francis Journals, vol. 53(2), pages 572-589, January.
    • Handle: RePEc:taf:tprsxx:v:53:y:2015:i:2:p:572-589
    DOI: 10.1080/00207543.2014.958594
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    Citations

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    Cited by:

    1. Phantratanamongkol, Supanan & Casalin, Fabrizio & Pang, Gu & Sanderson, Joseph, 2018. "The price-volume relationship for new and remanufactured smartphones," International Journal of Production Economics, Elsevier, vol. 199(C), pages 78-94.
    2. Casalin, Fabrizio & Dia, Enzo, 2019. "Information and reputation mechanisms in auctions of remanufactured goods," International Journal of Industrial Organization, Elsevier, vol. 63(C), pages 185-212.
    3. Xuemei Zhang & Jiawei Hu & Suqin Sun & Guohu Qi, 2022. "Extended Warranty Strategy and Its Environment Impact of Remanufactured Supply Chain," IJERPH, MDPI, vol. 19(3), pages 1-25, January.
    4. Kenichiro Chinen & Mitsutaka Matsumoto & Shaun McQuitty & Michikazu Kojima, 2022. "The mediating role of functionality orientation for purchasing remanufactured products: Cases in China, Indonesia, and Thailand," Journal of Industrial Ecology, Yale University, vol. 26(2), pages 536-547, April.
    5. Xu, Xun, 2020. "Examining an asymmetric effect between online customer reviews emphasis and overall satisfaction determinants," Journal of Business Research, Elsevier, vol. 106(C), pages 196-210.
    6. Xu, Xun & Zeng, Shuo & He, Yuanjie, 2017. "The influence of e-services on customer online purchasing behavior toward remanufactured products," International Journal of Production Economics, Elsevier, vol. 187(C), pages 113-125.
    7. Leonidas Milios & Mitsutaka Matsumoto, 2019. "Consumer Perception of Remanufactured Automotive Parts and Policy Implications for Transitioning to a Circular Economy in Sweden," Sustainability, MDPI, vol. 11(22), pages 1-15, November.
    8. Theresa S. Wallner & Lise Magnier & Ruth Mugge, 2020. "An Exploration of the Value of Timeless Design Styles for the Consumer Acceptance of Refurbished Products," Sustainability, MDPI, vol. 12(3), pages 1-17, February.
    9. Christopher Helm & Tim A. Herberger & Marcel Tyrell, 2021. "Demand dynamics across secondary German Book markets: an information aggregation and synthetization approach," Information Systems and e-Business Management, Springer, vol. 19(2), pages 567-596, June.
    10. Benjamin T. Hazen & Diane A. Mollenkopf & Yacan Wang, 2017. "Remanufacturing for the Circular Economy: An Examination of Consumer Switching Behavior," Business Strategy and the Environment, Wiley Blackwell, vol. 26(4), pages 451-464, May.
    11. Xu, Xun & Munson, Charles L. & Zeng, Shuo, 2017. "The impact of e-service offerings on the demand of online customers," International Journal of Production Economics, Elsevier, vol. 184(C), pages 231-244.
    12. Xu, Xun & Zeng, Shuo & He, Yuanjie, 2021. "The impact of information disclosure on consumer purchase behavior on sharing economy platform Airbnb," International Journal of Production Economics, Elsevier, vol. 231(C).
    13. Shanyong Wang & Jing Wang & Feng Yang & Yu Wang & Jun Li, 2018. "Consumer familiarity, ambiguity tolerance, and purchase behavior toward remanufactured products: The implications for remanufacturers," Business Strategy and the Environment, Wiley Blackwell, vol. 27(8), pages 1741-1750, December.
    14. Wang, Yacan & Zhu, Quan & Krikke, Harold & Hazen, Benjamin, 2020. "How product and process knowledge enable consumer switching to remanufactured laptop computers in circular economy," Technological Forecasting and Social Change, Elsevier, vol. 161(C).

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