Business, Management and Accounting
8 years ago

Online prices vary based on product features and firms' behaviors.

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Advances in applied microeconomics
PRICE DISPERSION, PRODUCT CHARACTERISTICS, AND FIRMS’ BEHAVIORS: STYLIZED FACTS FROM SHOPPER.COM
Jihui Chen, Patrick Scholten

Paper Summary

Price dispersion on Shopper.com varies based on product characteristics and firms' behaviors. The more firms list prices in multiple categories, the lower the price dispersion. This means that when many firms list prices in different categories, prices tend to be more similar, while fewer firms listing prices in multiple categories lead to more varied prices.

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