Electronic commerce, consumer search and retailing cost reduction

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dc.contributor.author Mazón, Cristina
dc.contributor.author Pereira, Pedro
dc.date.accessioned 2006-11-09T11:09:13Z
dc.date.available 2006-11-09T11:09:13Z
dc.date.issued 2001-12
dc.identifier.issn 2340-5031
dc.identifier.uri http://hdl.handle.net/10016/264
dc.description.abstract This paper explains three things in a unified way. First, how e-commerce can generate price equilibria, where physical shops either compete with virtual shops for consumers with Internet access, or alternatively, sell only to consumers with no Internet access. Second, how these price equilibria might involve price dispersion on-line. Third, why prices may be higher on-line. For this purpose we develop a model where e-commerce: reduces consumers search costs, involves trade-offs for consumers, and reduces retailing costs.
dc.format.extent 1001011 bytes
dc.format.mimetype application/pdf
dc.language.iso eng
dc.relation.ispartofseries UC3M Working Paper. Economics
dc.relation.ispartofseries 2001-22
dc.rights Atribución-NoComercial-SinDerivadas 3.0 España
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.title Electronic commerce, consumer search and retailing cost reduction
dc.type workingPaper
dc.subject.eciencia Economía
dc.rights.accessRights openAccess
dc.identifier.repec we016722
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