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The economic literature on online auctions is rapidly growing because of the enormous amount of freely available field data. Moreover, numerous innovations in auction-design features on platforms such as eBay have created excellent research opportunities. In this article, we survey the...
Persistent link: https://www.econbiz.de/10012465877
We examine the competition between a group of Internet retailers that operate in an environment where a price search …
Persistent link: https://www.econbiz.de/10012468123
This paper surveys recent studies of Internet auctions. Four main areas of research are summarized. First, economists …'s curse. Third, we explore research about the role of reputation in online auctions. Finally, we discuss what Internet …
Persistent link: https://www.econbiz.de/10012468618
We study the tendency to connect to the Internet, and the online and offline shopping behavior of connected persons, to … draw inferences about whether the Internet is a substitute or a complement for cities. We document that larger markets have … content, suggesting the Internet is a complement to cities. Yet, holding local online content constant, people are less likely …
Persistent link: https://www.econbiz.de/10012468670
dataset on 1998-99 Internet shopping behavior and use of information intermediaries by over 30,000 households to examine … strategy and the evolution of market structure. If information weakens the pull of brand, then Internet retailing may grow less …
Persistent link: https://www.econbiz.de/10012468755
This paper explores the level and dispersion of premiums paid for individual health insurance by comparing asking price' data posted on an electronic insurance exchange with survey data on premiums actually paid in the period just before the advent of electronic exchanges. The primary...
Persistent link: https://www.econbiz.de/10012469408
Despite the interest in measuring price sensitivity of online consumers, most academic work on Internet commerce is … rise of Internet sales. The estimates suggest that prices online are much more variable than the CPI, which understates …
Persistent link: https://www.econbiz.de/10012469628
This paper provides one potential explanation for the rise, persistence and eventual fall of internet stock prices … explanation is provided by exploring the behavior of internet stock prices during the period January 1998 to November 2000. In … particular, we document four important elements to our story: (i) the high level of internet stock prices given their underlying …
Persistent link: https://www.econbiz.de/10012470086
reduction in search costs on the Internet relative to the physical channel would cause both price and price dispersion to fall …
Persistent link: https://www.econbiz.de/10012470453
We examine manufacturers' decisions of whether and how to offer their products for sale over the internet …. Manufacturers that rely on promotion of their products by brick and mortar retailers must consider the possibility that internet … their products over the internet and to control the pricing of their products over the internet. We examine three categories …
Persistent link: https://www.econbiz.de/10012470662