What is the impact of the increasing dominance of conventional firms in e-commerce? We use a simple model to show that retailers who only sell through Internet have lower on-line prices than retailers who also sell through conventional stores. This proposition is firmly supported by our...

This paper examines the relation between prices in conventional stores and on the Internet. Main results from the theoretical analysis are i) we expect a discrete fall in prices in conventional stores as the share of the population with access to Internet reaches a critical level, ii) the...

Die Digitalisierung schreitet mehr und mehr voran und beeinflusst zunehmend Geschäftsabläufe in Unternehmen. Dem Handel über das Internet kommt in diesem Zusammenhang eine besondere Bedeutung für die zukünftige Entwicklung des ländlichen Raums zu. Nichtsdestotrotz gibt es bisher keine...

The simulation has proved a particularly effective and powerful technique to evaluate different alternatives for solving problems, without being required actual experimentation. It is particularly useful for decision-making when you want to organize jobs in an organization where there are...