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E-commerce represents an essential part of modern business, with a significant growth in recent years. Recent events, such as the COVID-19 pandemic, have led to a surge in online shopping and a rapid shift towards e-commerce, creating a new normal in the retail industry. To succeed in this...
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This paper examines the relation between prices in conventional stores and on the Internet. Main results from the … to Internet reaches a critical level, ii) the relation between prices depends on convenience costs of shopping in regular … stores as well as on transport and navigation costs for goods bought over Internet, iii) retailers who only sell through …
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