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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...
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competition problem between online stores and offline stores, by allowing consumers' preferences to be more favorable towards …. By revisiting the competition between "Bricks" and "Clicks", we contribute to the literature with new insights on both … consequences of market competition under different structures …
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Goods sold by electronic firms are not perfect substitutes for otherwise identical goods sold by their offline counterparts. Online purchases are associated with waiting costs, and they do not allow consumers to inspect the product prior to purchase. Visiting a conventional retailer, on the...
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