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Many online businesses, including most of the largest platforms, seek and provide attention. These online attention rivals provide products and features to obtain the attention of consumers and sell some of that attention, through other products and services, to merchants, developers and others...
Persistent link: https://www.econbiz.de/10014162245
We model a two-tiered market structure in which an investor can trade an asset on a trading platform with a set of dealers who in turn have access to an interdealer market. The investor's order is informative about the asset's payoff and dealers who were contacted by the investor use this...
Persistent link: https://www.econbiz.de/10011877487
Basu (2006) argues that the prevalence of 99 cent prices in shops can be explained with rational consumers who disregard the rightmost digits of the price. This bounded rational behaviour leads to a Bertrand equilibrium with positive markups. We use data from an Austrian price comparison site...
Persistent link: https://www.econbiz.de/10003961466
Basu (2006) argues that the prevalence of 99 cent prices in shops can be explained with rational consumers who disregard the rightmost digits of the price. This bounded rational behaviour leads to a Bertrand equilibrium with positive markups. We use data from an Austrian price comparison site...
Persistent link: https://www.econbiz.de/10009488700
Basu (2006) argues that the prevalence of 99 cent prices in shops can be explained with rational consumers who disregard the rightmost digits of the price. This bounded rational behaviour leads to a Bertrand equilibrium with positive markups. We use data from an Austrian price comparison site...
Persistent link: https://www.econbiz.de/10008934962
Customer data increasingly enables online marketplace to identify buyers' preferences and provide individualized product information. I characterize the impact of such ex-ante information on buyer surplus and seller surplus. In my model, a marketplace provides an ex-ante signal about buyers'...
Persistent link: https://www.econbiz.de/10012844726
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Persistent link: https://www.econbiz.de/10012252048
This paper discusses the impacts of providing energy efficiency information to online shoppers. It lays out mechanisms by which this may improve appliance purchase and use decisions, raise awareness, improve innovation and align market forces with sustainability objectives. It finds that...
Persistent link: https://www.econbiz.de/10014165992
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