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We analyze a market where firms compete in a conventional and an electronicretail channel. Consumers easily compare prices online, but some incur purchaseuncertainties on the online channel. We investigate the market shares of the two retailchannels and the prices that are charged. We find that...
Persistent link: https://www.econbiz.de/10010324893
present for a pure Internet player,we show that these firms will start online retail channels under a much widerrange of … Internet retail channelthemselves. We also show that a low cost of building up an online retail channelor online shopping …
Persistent link: https://www.econbiz.de/10010325366
This paper uses Granger non{causality tests to analyze if channel competition exists between the companion websites of 93 German newspapers observed between I/1998 and II/2005. It provides econometric evidence for significant negative effects of companion website tra?c on the print circulation...
Persistent link: https://www.econbiz.de/10010297490
Persistent link: https://www.econbiz.de/10010304906
complementation effects between internet and newspaper advertising. It was argued that retail advertising, in particular, may offer a … spending data for newspaper and internet display advertising of 13 different industries in the U.S. from 2001-2010. We find … evidence for some of the hypotheses. Whereas some industries showed clear substitution effects between internet display and …
Persistent link: https://www.econbiz.de/10010321685
In this guide, we discuss the impact of digitalization on the music industry. We rely on market and survey data at the international level as well as expert statements from the industry. The guide investigates recent developments in legal and technological protection of digital music and...
Persistent link: https://www.econbiz.de/10010261083
The European Union (EU) has pursued an ambitious agenda for regulating the digital economy, and it is now planning to establish a new package of regulations, including the Digital Markets Act (DMA), the Digital Services Act (DSA), and a new regulation of Artificial Intelligence (AI). These...
Persistent link: https://www.econbiz.de/10014560161
Theories of intertemporal price discrimination imply that prices must be chosen using mixed strategies, with retailers changing their prices randomly over time. Otherwise, consumers will learn which retailer has the lowest price, and eventually, all customers will patronize the lowest price...
Persistent link: https://www.econbiz.de/10012666063
This paper investigates how firm entry into a price comparison website marketplace affects firm productivity, profits, and wages. We want to answer the key research question: Why do firms compete on price comparison websites? A substantial literature indicates that competition in such...
Persistent link: https://www.econbiz.de/10012666069
This paper examines price elasticities on a price comparison website and if there is a discontinuity in demand for retailers having the lowest price, or products having the highest consumer rating. Previous research is extended upon, with a larger, more recent, and more varied dataset, with...
Persistent link: https://www.econbiz.de/10012666074