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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 offline retailers. This suggests that there is substantial substitution between online...
Persistent link: https://www.econbiz.de/10014058348
We study competition among a score of firms participating in an online market for a commodity-type memory module. Firms were able to adjust prices continuously; prices determined how the firms were ranked and listed (lowest price listed first), with better ranks contributing to firms' sales....
Persistent link: https://www.econbiz.de/10009271236
We study price dynamics for computer components sold on a price-comparison website. Our fine-grained data -- a year of hourly price data for scores of rival retailers -- allow us to estimate a dynamic model of competition, backing out structural estimates of managerial frictions. The estimated...
Persistent link: https://www.econbiz.de/10011689127
The last decade has seen a growing interest among economists on the effect of diversity on the provision of social goods and the stock of social capital. Indeed, in the workplace, cooperation, trust, and other social goods may be important elements of the smooth functioning of an office, but...
Persistent link: https://www.econbiz.de/10014191676