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An important issue in economics is how market structure affects prices.While the standard view is that competition lowers prices, Chen andRiordan (2006) argued that with product differentiation it is notexceptional for prices to be higher under duopoly than monopoly. Thispaper empirically...
Persistent link: https://www.econbiz.de/10009435113
This study examines the pricing behavior of online retailers (e-tailers) in Chinese e-commerce markets. Descriptive statistics indicate that prices have not converged in China's e-commerce markets and that there is relatively more price variation in markets for cosmetics, compact discs, gifts...
Persistent link: https://www.econbiz.de/10005255970
An important issue in economics is how market structure affects prices. While the standard view is that competition lowers prices, Chen and Riordan (2006) argued that with product differentiation it is not exceptional for prices to be higher under duopoly than monopoly. This paper empirically...
Persistent link: https://www.econbiz.de/10005622708