publication . Conference object . 2002

Pricing and price dispersion in E-commerce

Waldeck, Roger;
Open Access French
  • Published: 23 Oct 2002
  • Publisher: HAL CCSD
  • Country: France
Abstract
International audience; Competition on electronic markets will result in lower price level and price dispersion. Such a view is commonly expressed in the literature of electronic commerce. It is justified by the fact that lower search costs by consumers and free entry for firms will foster price competition amongst firms. This paper tries to mitigate a bit this idea by looking at the influence of information and competition on prices of a homogeneous good. In this paper, we analyze the possible driver of price dispersion. We show in a first step that one important driver of price dispersion is the firm's ability to segregate consumers in two classes. One class i...
Subjects
free text keywords: Shopbot economics, Electronic commerce, Information, Search theory, Experience and search good, Pricing, Price dispersion, [INFO.INFO-CY]Computer Science [cs]/Computers and Society [cs.CY]
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publication . Conference object . 2002

Pricing and price dispersion in E-commerce

Waldeck, Roger;