Consumer Surplus in the Digital Economy: Estimating the Value of Increased Product Variety at Online Booksellers

We present a framework and empirical estimates that quantify the economic impact of increased product variety made available through electronic markets. While efficiency gains from increased competition significantly enhance consumer su...

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Bibliographic Details
Main Authors: Brynjolfsson, Erik, Smith, Michael D., Yu, (Jeffrey) Hu
Format: Working Paper
Language:en_US
Published: 2003
Subjects:
Online Access:http://hdl.handle.net/1721.1/3516

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