Business, Management and Accounting
4 years ago

eBay prices defy 'law of one price' in online auction markets.

2 views
EERI Research Paper Series
Price Dispersion in the Online Auction Markets
Sha Luo

Paper Summary

The study looked at prices of similar items on eBay UK and found that prices and price variations are lower than in other online markets. However, all products didn't have the same price. This shows that different buyers and sellers affect how prices vary.

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