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Displaying results 1 to 4 of 4.

  1. The impact of price adjustment costs on price dispersion in E-commerce
    Author: Böheim, René; Hackl, Franz; Hölzl-Leitner, Michael
    Published: [2019]
    Publisher:  Department of Economics, Johannes Kepler University of Linz, Linz-Auhof, Austria

    We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price... more

    Access:
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 398
    Inter-library loan:
    No inter-library loan

     

    We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end of the period. Our results are robust to many alternative empirical specifications. We also test a range of alternative explanations of price dispersion, such as search cost, service differentiation, obfuscation, vertical restraints, and market structure.

     
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    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/207117
    Series: Working paper / Department of Economics, Johannes Kepler University of Linz ; no. 1904 (February 2019)
    Subjects: price dispersion; price adjustment costs; menu costs; e-commerce
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  2. The roles of price points and menu costs in price rigidity
    Author: Knotek, Edward S.
    Published: 2019
    Publisher:  Federal Reserve Bank of Cleveland, [Cleveland, OH]

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    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 36
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    No inter-library loan
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    Series: Working paper / Federal Reserve Bank of Cleveland ; 19, 23 (November 2019)
    Subjects: price rigidity; menu costs; price points; nine-ending prices
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  3. The impact of price adjustment costs on price dispersion in e-commerce
    Author: Böheim, René; Hackl, Franz; Hölzl-Leitner, Michael
    Published: [2019]
    Publisher:  CESifo, Center for Economic Studies & Ifo Institute, Munich, Germany

    We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price... more

    Location:
    Staats- und Universitätsbibliothek Bremen
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    We analyze price dispersion using panel data from a large price comparison site. We use past pricing behavior to instrument for potential endogeneity that might result from the selection of firms to certain product markets. We find that greater price adjustment costs result in greater price dispersion. Although the impact of price adjustment costs on price dispersion became weaker over time, the causal effect of price adjustment costs on price dispersion is still present at the end of the period. Our results are robust to many alternative empirical specifications. We also test a range of alternative explanations of price dispersion, such as search cost, service differentiation, obfuscation, vertical restraints, and market structure.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/198870
    Series: Array ; no. 7510 (February 2019)
    Subjects: price dispersion; price adjustment costs; menu costs; e-commerce
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  4. The impact of price adjustment costs on price dispersion in E-commerce
    Author: Böheim, René; Hackl, Franz; Hölzl-Leitner, Michael
    Published: February 2019
    Publisher:  Vienna University of Economics and Business, Wien

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 257
    Inter-library loan:
    No inter-library loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Department of Economics working paper / Vienna University of Economics and Business ; no. 280 (March 2019)
    Subjects: price dispersion; price adjustment costs; menu costs; e-commerce
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen