Price Discount and Price Dispersion in Online Market: Do More Firms Still Lead to More Competition?
Abstract: Contrary to the traditional economic prediction that prices decrease as more firms enter the market, this paper finds a non-monotonic relationship between the number of firms and prices in online book markets. A substantial decrease in posted prices is observed when the market moves from a...
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| Auteurs principaux: | , , |
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| Langue: | English |
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Universidad de Talca
2021
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| Sujets: | |
| Accès en ligne: | http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-18762021000200110 |
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