Showing 1 - 10 of 387
This paper investigates the effect of Internet car referral services on dealer pricing of automobiles in California …
Persistent link: https://www.econbiz.de/10012470775
There is convincing evidence that the Internet has lowered the prices paid by some consumers in …characteristics to investigate how the Internet affects negotiated prices. We show that the Internet …does not reveal much about how using the Internet lowers prices. This paper answers this question …
Persistent link: https://www.econbiz.de/10012467164
Mediating transactions through the Internet removes important cues that salespeople can use to assess a consumer …'s willingness to pay. We analyze whether dealers' difficulty in identifying consumer characteristics on the Internet and consumers … discrimination. The second part of the paper turns to the role of the Internet. Online minority buyers who use the Internet Referral …
Persistent link: https://www.econbiz.de/10012470047
The Internet has the potential to significantly reduce search costs by allowing consumers to engage in low-cost price … comparisons online. This paper provides empirical evidence on the impact that the rise of Internet comparison shopping sites has … group using the Internet reduces average insurance prices for the group by as much as 5 percent. Further evidence indicates …
Persistent link: https://www.econbiz.de/10012470735
In this paper, we study the changes in transaction costs from the introduction of the Internet in transactions between … transaction costs that are likely to result when a transaction is transferred from a physical marketplace to an Internet-based one … informational asymmetries. We implement this framework by analyzing detailed internal data from one Internet-based firm to measure …
Persistent link: https://www.econbiz.de/10012470714
In this paper we investigate whether sellers treat consumers differently on the basis of how well-informed consumers appear to be. We implement a large-scale field experiment in which callers request price quotes from automotive repair shops. We show that sellers alter their initial price quotes...
Persistent link: https://www.econbiz.de/10012459508
sold in 29 European, Asian, and North American markets via the Internet by Spain's second largest apparel manufacture … 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
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
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
Search frictions can explain why the "law of one price" fails in retail markets and why even firms selling commodity products have pricing power. In online commerce, physical search costs are low, yet price dispersion is common. We use browsing data from eBay to estimate a model of consumer...
Persistent link: https://www.econbiz.de/10012458251