Search and Product Differentiation at an Internet Shopbot
Price dispersion among commodity goods is typically attributed to consumer search costs. We explore the magnitude of consumer search costs using a data set obtained from a major Internet shopbot. For the median consumer, the benefits to searching lower screens are $2.24 while the cost of an exhausti...
Main Authors: | , , |
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格式: | Working Paper |
语言: | en_US |
出版: |
2004
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主题: | |
在线阅读: | http://hdl.handle.net/1721.1/5046 |