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Price comparison websites, where consumers can compare prices at a search cost that is close to zero, have become … the Swedish price comparison website PriceSpy on prices and price dispersion. We find that increased use by consumers … approximately 2.9 billion SEK. Reduced prices due to increased use of the price comparison website thus resulted in total potential …
Persistent link: https://www.econbiz.de/10012605830
price information to consumers depends on how well informed they are beforehand. Theoretically, an increase in consumer … information decreases prices more, the fewer ex ante informed consumers there are. Empirically, we study mandatory price …
Persistent link: https://www.econbiz.de/10014495802
Suppose that consumers incur fixed shopping costs and choose stores according to advertised discounts. Then, the extent to which a store will discount advertised items should increase with the profit from other regularly-priced items. Bookstores customarily advertise discounts on bestsellers....
Persistent link: https://www.econbiz.de/10014029593
We analyze a sample of consumer-electronics products sold by the US NewEgg online-retailer to study the impact of Price … hypothesis that PMGs act as price discrimination tools. …
Persistent link: https://www.econbiz.de/10014435142
is not offsetby a low price. Finally, the model exhibits price dispersion and the expected price isincreasing in the …
Persistent link: https://www.econbiz.de/10011326968
utilize a unique panel dataset on spatially varying search requests at major online price comparison websites to construct a … and 2014. The paper stands out by explaining price dispersion by differing pricing strategies of former incumbents and … suggest causal evidence for an inverted U-shape effect of consumer search intensity on price dispersion in a clearinghouse …
Persistent link: https://www.econbiz.de/10011446819
Persistent link: https://www.econbiz.de/10011799184
suggest that on some level price dispersion will still exist, together with some level of price stickiness, both observed in …
Persistent link: https://www.econbiz.de/10010350083
has a positive effect on the equilibrium price even if marginal costs are decreasing. We exploit exogenous variation in …
Persistent link: https://www.econbiz.de/10012940289
structure often leads to the weakest price competition, and is the worst for consumers among all possible market structures. Due …
Persistent link: https://www.econbiz.de/10012999232