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price with respect to per-capita income from a unique dataset that I construct, which features prices of 245 identical goods …--Mango. I find that doubling a destination's per-capita income results in an 18% increase in the price of identical items sold … cross-country price variations of identical items purchased via the Internet by consumers who do not take advantage of …
Persistent link: https://www.econbiz.de/10012462422
The Internet has the potential to significantly reduce search costs by allowing consumers to engage in low-cost price … results also show that the initial introduction of the Internet search sites is initially associated with an increase in price …
Persistent link: https://www.econbiz.de/10012470735
A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay to quantify the returns, and thus implied costs, to consumer search on the internet. The...
Persistent link: https://www.econbiz.de/10012456373
We build a model of online behavioral manipulation driven by AI advances. A platform dynamically offers one of n products to a user who slowly learns product quality. User learning depends on a product's "glossiness,' which captures attributes that make products appear more attractive than they...
Persistent link: https://www.econbiz.de/10014437003
Data on sales of memory modules are used to explore several aspects of e-retail demand. There is a strong relationship between e-retail sales to a given state and sales tax rates that apply to purchases from online retailers. This suggests that there is substantial substitution between online...
Persistent link: https://www.econbiz.de/10012466426
Using an administrative payroll dataset for 2.6 million retail workers, we find that the staggered rollout of a major e-commerce firm's fulfillment centers reduces traditional retail workers' income in geographically proximate counties by 2.4%. Wages of hourly workers, especially part-time...
Persistent link: https://www.econbiz.de/10013210105
While a fast-growing body of research has looked at how the advent and diffusion of e-commerce has affected prices, much less work has investigated e-commerce's impact on the number and type of producers operating in an industry. This paper theoretically and empirically takes up the question of...
Persistent link: https://www.econbiz.de/10012464481
purchased, and sellers choose between auctions and posted-price mechanisms. As the deadline approaches, buyers increase their … bids and are more likely to buy through posted-price listings. The model predicts equilibrium price dispersion even for new …, homogeneous goods. Using data on one million auction and posted-price listings for new-in-box items on eBay.com, we find robust …
Persistent link: https://www.econbiz.de/10012456636
We examine the competition between a group of Internet retailers that operate in an environment where a price search … engine plays a dominant role. We show that for some products in this environment, the easy price search makes demand … tremendously price-sensitive. Retailers, though, engage in obfuscation---practices that frustrate consumer search or make it less …
Persistent link: https://www.econbiz.de/10012468123
Digital technology is the representation of information in bits. This technology has reduced the cost of storage, computation, and transmission of data. Research on digital economics examines whether and how digital technology changes economic activity. In this review, we emphasize the reduction...
Persistent link: https://www.econbiz.de/10012454998