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cost shock was passed through within two days of the cost shock. Duration analysis reveals that the observed rigidity in …
Persistent link: https://www.econbiz.de/10014029075
Using a unique dataset of daily U.S. and U.K. price listings and the associated number of clicks for precisely defined goods from a major shopping platform, we shed new light on how prices are set in online markets, which have a number of special properties such as low search costs, low costs of...
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This paper studies the behaviour of Internet prices. It compares price rigidities on the Internet and in traditional … over the Internet. It includes more than 5 million daily price quotes downloaded from price comparison web sites in France … for common CPI data, Internet prices in the EU countries do not change less often than online prices in the US. Second …
Persistent link: https://www.econbiz.de/10003337300
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This paper studies the behaviour of Internet prices. It compares price rigidities on the Internet and in traditional … over the Internet.It includes more than 5 million daily price quotes downloaded from price comparison web sites in France … for common CPI data, Internet prices in the EU countries do not change less often than online prices in the US. Second …
Persistent link: https://www.econbiz.de/10013317571
Persistent link: https://www.econbiz.de/10013366115
achieve in an economical way. As a result, we believe that the issue of price rigidity on the Internet should be considered … variety of new economic phenomena in economies that are influenced by firm investments in Internet technology. In our analysis … Internet, and we have discussed a series of logical contradictions among competing and complementary theories that must be …
Persistent link: https://www.econbiz.de/10014210596