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Pricing on the Internet
Daripa, Arup; Kapur, Sandeep - EconWPA - 2003
become the norm. Apart from posted prices, the internet has extended the use of auctions, even to relatively low-value goods …
Persistent link: https://www.econbiz.de/10005134996
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Estimating Firm-Level Demand at a Price Comparison Site: Accounting for Shoppers and the Number of Competitors
Baye, Michael R.; Gatti, J. Rupert J.; Kattuman, Paul; … - EconWPA - 2005
Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view a price comparison site as an 'information clearinghouse' where shoppers and loyals obtain price and product information to make online purchases. These models...
Persistent link: https://www.econbiz.de/10005561794
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Remedies for Price Overcharges: The Deadweight Loss of Coupons and Discounts
Polinsky, A. Mitchell; Rubinfeld, Daniel L. - EconWPA - 2004
This article evaluates two different remedies for consumers who have been injured by a price overcharge on the sale of a good. Under a coupon remedy, injured consumers are awarded coupons that can be used for a limited period of time to purchase the good at a price below that which prevails...
Persistent link: https://www.econbiz.de/10005077078
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Economies of scale and technological development in securities depository and settlement systems
Schmiedel, Heiko; Malkamäki, Markku; Tarkka, Juha - EconWPA - 2004
The paper investigates the existence and extent of economies of scale in depository and settlement systems. Evidence from 16 settlement institutions across different regions for the years 1993–2000 indicates the existence of significant economies of scale. The degree of such economies,...
Persistent link: https://www.econbiz.de/10005077058
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Economies of scale and technological development in securities depository and settlement systems
Schmiedel, Heiko; Malkamäki, Markku; Tarkka, Juha - EconWPA - 2004
The paper investigates the existence and extent of economies of scale in depository and settlement systems. Evidence from 16 settlement institutions across different regions for the years 1993–2000 indicates the existence of significant economies of scale. The degree of such economies,...
Persistent link: https://www.econbiz.de/10005135106
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Competition and regulation in European retail payment systems
Kemppainen, Kari - EconWPA - 2004
In this study, the interaction between the competition-cooperation nexus and regulation in retail payment systems is analysed by applying the main lessons from the theory of network industries. This is justifiable on the grounds that the payment systems industry inherently has many...
Persistent link: https://www.econbiz.de/10005413262
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The Role of Responsive Pricing in the Internet
MacKie-Mason, Jeffrey K.; Murphy, Liam; Murphy, John - EconWPA - 1996
The Internet continues to evolve as it reaches out to a wider user population. The recent introduction of user …-friendly navigation and retrieval tools for the World Wide Web has triggered an unprecedented level of interest in the Internet among the … needed in the control mechanisms used to allocate usage of Internet resources. In this paper, we argue that a feedback signal …
Persistent link: https://www.econbiz.de/10005135089
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A Time Series Analysis to Asymmetric Marketing Competition Within a Market Structure
Ramos, Francisco F. R. - EconWPA - 1996
As a complementary to the existing studies of competitive market structure analysis, the present paper proposed a time series methodology to provide a more detailed picture of marketing competition in relation to competitive market structure. Two major hypotheses were tested as part of this...
Persistent link: https://www.econbiz.de/10005135022
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O EFEITO DA PUBLICIDADE EXPERIMENTÁVEL NA FIXAÇÃO DO PREÇO DOS BENS DURÁVEIS
Maçãs, Paulo; Leitão, João; Osório, Carlos - EconWPA - 2003
Resumo: O consumidor de um bem durável tem uma expectativa face ao momento futuro, que é caracterizada pelo usufruto de uma inovação do produto introduzida através da publicidade experimentável, a qual contribui para a diminuição do preço dos bens duráveis no momento actual. A...
Persistent link: https://www.econbiz.de/10005561804
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A Super Efficiency Model for Product Evaluation
Staat, Matthias; Hammerschmidt, Maik - EconWPA - 2004
This study applies a Super Efficiency Data Envelopment Analysis model to evaluate the efficiency of cars sold on the German market. Efficiency is conceptualized from a customers' perspective as a ratio of outputs that customers obtain from a product relative to inputs that customers have to...
Persistent link: https://www.econbiz.de/10005077044