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Considering Monopoly Maintenance Cost for an Automobile Purchase in China: A DEA-Based Approach
Dai Qianzhi1,2; Li Lin3; Lei Xiyang4; An Qingxian5; Tang Xiao6
2019-08-01
Source PublicationJOURNAL OF SYSTEMS SCIENCE & COMPLEXITY
ISSN1009-6124
Volume32Issue:4Pages:1167-1179
AbstractWith the fast growing economy, China has become the biggest automobile market in the world. Many Chinese families buy automobiles to promote individual wellbeing and facilitate the convenience of lives. Automobile purchase has become a general and important decision for a Chinese family. However, it is always difficult to make a decision on the automobile purchase that balance the automobiles performance and its cost. Moreover, the automobile maintenance market in China is monopolistic. Thus, the maintenance cost is a significant consideration in automobile purchase decision. This paper employs the concept of data envelopment analysis (DEA) to measure cost performance of the automobile with considering the monopoly maintenance cost. The RCA (ratio of the total price of accessories of an automobile to the price of the automobile) 100 index system is used to represent the maintenance cost of each automobile. The structure of the automobile maintenance market can be reflected with including the RCA 100 index system in the performance evaluation. Results of the case study of 28 automobiles in China verify the necessity of considering the maintenance cost in automobile purchase decision.
KeywordAutomobile purchase business analytics cost performance data envelopment analysis (DEA) monopoly maintenance cost
DOI10.1007/s11424-019-8073-8
Language英语
Funding ProjectNational Natural Science Foundation of China[71701060] ; National Natural Science Foundation of China[71801075] ; National Natural Science Foundation of China[71501189] ; Social Sciences Foundation of Anhui Province[AHSKY2017D78] ; Fundamental Research Funds for the Central Universities[JZ2018HGBZ0174] ; Fundamental Research Funds for the Central Universities[JS2017HGXJ 0028] ; Fundamental Research Funds for the Central Universities[JZ2016HGBZ0996] ; Natural Science Foundation of Hunan Province[2017JJ3397] ; Open Project of 'Mobile Health' Ministry of Education-China Mobile Joint Laboratory of Central South University
WOS Research AreaMathematics
WOS SubjectMathematics, Interdisciplinary Applications
WOS IDWOS:000480484700011
PublisherSPRINGER HEIDELBERG
Citation statistics
Document Type期刊论文
Identifierhttp://ir.amss.ac.cn/handle/2S8OKBNM/35448
Collection中国科学院数学与系统科学研究院
Corresponding AuthorLei Xiyang
Affiliation1.Hefei Univ Technol, Sch Econ, Hefei 230009, Anhui, Peoples R China
2.Hefei Univ Technol, Ctr Ind Informat & Econ Res, Hefei 230009, Anhui, Peoples R China
3.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China
4.Hefei Univ Technol, Sch Management, Hefei 230009, Anhui, Peoples R China
5.Cent S Univ, Sch Business, Changsha 410083, Hunan, Peoples R China
6.Univ Sci & Technol China, Sch Management, Hefei 230026, Anhui, Peoples R China
Recommended Citation
GB/T 7714
Dai Qianzhi,Li Lin,Lei Xiyang,et al. Considering Monopoly Maintenance Cost for an Automobile Purchase in China: A DEA-Based Approach[J]. JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY,2019,32(4):1167-1179.
APA Dai Qianzhi,Li Lin,Lei Xiyang,An Qingxian,&Tang Xiao.(2019).Considering Monopoly Maintenance Cost for an Automobile Purchase in China: A DEA-Based Approach.JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY,32(4),1167-1179.
MLA Dai Qianzhi,et al."Considering Monopoly Maintenance Cost for an Automobile Purchase in China: A DEA-Based Approach".JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY 32.4(2019):1167-1179.
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