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Reputation, Altruism, and the Benefits of Seller Charity in an Online Marketplace
Elfenbein, Daniel; Fisman, Raymond; McManus, Brian - National Bureau of Economic Research (NBER) - 2009
We investigate the impact of charity tie-ins on transaction probabilities and sale prices using a large database of eBay auctions. We examine "natural experiments" of precisely matched clusters of charity and non-charity auctions with identical titles, subtitles, sellers, and start prices. We...
Persistent link: https://www.econbiz.de/10008619315
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The Diffusion of Wal-Mart and Economies of Density
Holmes, Thomas - National Bureau of Economic Research (NBER) - 2008
The roll-out of Wal-Mart store openings followed a pattern that radiated from the center out with Wal-Mart maintaining high store density and a contiguous store network all along the way. This paper estimates the benefits of such a strategy to Wal-Mart, focusing on the savings in distribution...
Persistent link: https://www.econbiz.de/10005830112
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Sales Taxes and Internet Commerce
Levin, Jonathan; Einav, Liran; Knoepfle, Dan; … - National Bureau of Economic Research (NBER) - 2012
We estimate the sensitivity of Internet retail purchasing to sales taxes using data from the eBay marketplace. Our …
Persistent link: https://www.econbiz.de/10011227921
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Learning by Doing with Asymmetric Information: Evidence from Prosper.com
Freedman, Seth M.; Jin, Ginger Zhe - National Bureau of Economic Research (NBER) - 2011
Using peer-to-peer (P2P) lending as an example, we show that learning by doing plays an important role in alleviating the information asymmetry between market players. Although the P2P platform (Prosper.com) discloses part of borrowers' credit histories, lenders face serious information problems...
Persistent link: https://www.econbiz.de/10008855217
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Wholesalers and Retailers in U.S. Trade (Long Version)
Jensen, J. Bradford; Redding, Stephen James; Schott, … - National Bureau of Economic Research (NBER) - 2010
and importers with 100 percent employment in wholesale and retail differ from pure "producer and consumer" trading firms ….S. establishments and are present in fewer U.S. states. "Mixed" firms, i.e., those with both production/consumption and wholesale retail …
Persistent link: https://www.econbiz.de/10008624627
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Goods Prices and Availability in Cities
Weinstein, David; Handbury, Jessie - National Bureau of Economic Research (NBER) - 2011
This paper uses detailed barcode data on purchase transactions by households in 49 U.S. cities to overcome a large number of problems that have plagued spatial price index measurement. We identify two important sources of bias. Heterogeneity bias arises from comparing different goods in...
Persistent link: https://www.econbiz.de/10009021953
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Competing with Costco and Sam's Club: Warehouse Club Entry and Grocery Prices
Courtemanche, Charles J.; Carden, Art - National Bureau of Economic Research (NBER) - 2011
Prior research shows grocery stores reduce prices to compete with Walmart Supercenters. This study finds evidence that the competitive effects of two other big box retailers - Costco and Walmart-owned Sam's Club - are quite different. Using city-level panel grocery price data matched with a...
Persistent link: https://www.econbiz.de/10009226933
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More Trusting, Less Trust? An Investigation of Early E-Commerce in China
Cai, Hongbin; Zhou, Li-An; Jin, Ginger Z.; Liu, Chong - National Bureau of Economic Research (NBER) - 2013
Trust is vital for market development, but how can trust be enhanced in a marketplace? A common view is that more trusting may help to build trust, especially in less developed economies. In this paper, we argue that more trusting may lead to less trust. We set up a rational expectation model in...
Persistent link: https://www.econbiz.de/10010796648
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Do Large Modern Retailers Pay Premium Wages?
Lafontaine, Francine; Cardiff-Hicks, Brianna; Shaw, Kathryn - National Bureau of Economic Research (NBER) - 2014
-class jobs in manufacturing in the U.S. are being replaced by minimum wage jobs in retail. Retail jobs have spread, while … manufacturing jobs have shrunk in number. In this paper, we characterize the wages that have accompanied the growth in retail. We … show that wage rates in the retail sector rise markedly with firm size and with establishment size. These increases are …
Persistent link: https://www.econbiz.de/10010798422
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Banning Foreign Pharmacies from Sponsored Search: The Online Consumer Response
Chesnes, Matthew; Weijia (Daisy) Dai; Jin, Ginger Zhe - National Bureau of Economic Research (NBER) - 2014
Increased competition from the Internet has raised a concern of product quality for online prescription drugs. The Food and Drug Administration (FDA) prohibits the importation of unapproved drugs into the US and the National Association of Boards of Pharmacy (NABP) emphasizes their illegality...
Persistent link: https://www.econbiz.de/10010772576