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Persistent link: https://www.econbiz.de/10010194802
Abstract We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The...
Persistent link: https://www.econbiz.de/10014618876
Persistent link: https://www.econbiz.de/10013479380
This paper analyzes the impact on consumer prices of the size and biases of price comparison search engines. We develop several theoretical predictions, in the context of a model related to Burdett and Judd (1983) and Varian (1980), and test them experimentally. The data supports the model’s...
Persistent link: https://www.econbiz.de/10005622725
This article, analyzes the impact on consumer prices of the size and bias of price comparison search engines. we develop a model, related to Burdett and Judd (1983) and Varian (1980), and test experimentally several theoretical predictions. The experimental results confirm the model’s...
Persistent link: https://www.econbiz.de/10005115557