RT Generic
T1 Electronic commerce, consumer search and retailing cost reduction
A1 Mazón, Cristina
A1 Pereira, Pedro
AB 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.
SN 2340-5031
YR 2001
FD 2001-12
LK https://hdl.handle.net/10016/264
UL https://hdl.handle.net/10016/264
LA eng
DS e-Archivo
RD 26 may. 2024