LIN, YU-CHEN; CHEN, CHIANG-MING - In: Hitotsubashi Journal of Economics 55 (2014) 1, pp. 51-70
We study how the levels of market price and price dispersion are associated with consumers兵 search costs and the level of competitiveness in the online market using data collected from the online book industry in Taiwan. Our empirical results show that prices and price dispersion are lower for...