This paper presents the results of an empirical study of price dispersion in homogeneous goods markets. Modern economic theory suggests that inevitable asymmetries of information in markets lead to an equilibrium in which price dispersion is present even when goods are perfectly homogenous. In...

This paper uses transaction data to investigate the effects of Internet purchase on airline fares. Our data include ticket characteristics, restrictions, flight load factors, and dates and channel of purchase. Controlling for ticket and flight characteristics, online purchasers pay about 11...

In two-sided markets where platforms are constrained to set non-negative prices, tying can be deployed by platforms as a tool to introduce implicit subsidies. For a monopoly, this raises participation and benefits consumers on both sides. In a duopoly, tying on one side makes a platform more or...

Some online resources are free and others are not -- but it can be hard to predict which resources are in which category. In some cases, users are charged for things such as web-based e-mail, wireless Internet access, and software, while in other cases, they aren't. Zero prices offer important...

Diese Untersuchung beinhaltet eine Analyse des Kooperationspotentials der Unternehmen der Informations- und Kommunikationstechnologie in Sachsen und Ungarn vor dem Hintergrund, dass sich sowohl Sachsen als auch Ungarn in der vergangenen dekade zu prosperitierenden Standorten der IuK-Wirtschaft...

Ample empirical studies in the e-commerce literature have documented that the price dispersion in online markets is 1) as large as that in offline markets, 2) persistent across time, and 3) only partially explained by observed eretailers’ attributes. Buying on the internet market is risky to...

This paper compares the best selling books, cd and dvd on the French Amazon website to those of the Amazon Marketplace which connects professionals and non professionals (individuals) interested in new and second-hand cultural goods. We show that the catalog of the best selling items on Amazon...