price dispersion
Networks, Frictions, and Price Dispersion
... study price dispersion in seller-buyer markets where buyers with unit demand interact with multiple, but not all, sellers; and buyers and sellers compete on prices after they ...that price ...
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Price Dispersion and Differentiation in On-Line Travel: An Empirical Investigation
... The central question we analyze in this paper is whether OTAs, given the same request, provide the same ticket recommendations. To the extent that this is not true, we further try to distinguish between two alternative ...
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Inflation and Relative Price Dispersion in Canada: An Empirical Assessment
... To test the three theories, Aarstol (1999) also uses the monthly U.S. producer price index to generate an unweighted measure of relative price dispersion. Because his autoregressive/moving average ...
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Price Dispersion under Costly Capacity and Demand Uncertainty
... the price dispersion predictions of the Prescott-Eden-Dana (PED) ...Equilibrium price dispersion is derived in a setting with costly capacity and demand uncertainty where different fares can ...
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Social network externalities and price dispersion in online markets.
... explaining price dispersion, it does not explain how the different levels of awareness were formed in the first ...very price sensitive, brand still matters, since 51% of shopbot consumers did not ...
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Price Dispersion and Short Run Equilibrium in a Queuing Model
... costs, price dispersion can arise in short, medium and long run ...equilibria. Price dispersion causes inefficiency in a queuing market by reducing the aggregate rate at which customers in the ...
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Price Dispersion in OTC Markets: A New Measure of Liquidity
... model price dispersion effects in over-the-counter (OTC) markets to show that, in the presence of inventory risk for dealers and search costs for investors, traded prices may deviate from the expected ...
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Price Dispersion in the Small and in the Large: Evidence from an Internet Price Comparison Site
... of price dispersion, and offers a general clearinghouse model that matches many of the institutional characteristics of price comparison sites such as ...that price dispersion is an ...
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Dynamic Price Dispersion in a Bertrand Edgeworth Model
... one price" holds in markets of homogeneous goods, but substantial studies provide evidence that price dispersion is ubiquitous and persistent even on the internet, the so called frictionless ...
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Dynamic Model of the Price Dispersion of Homogeneous Goods
... same price, known as “ the law of one price ” ...of price dispersion ...the price dispersion in product markets of homogeneous goods: amenities, heterogeneous costs, ...
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Essays on Consumer Shopping Behavior and Price Dispersion
... costly price search by consumers leads to price dispersion in homogeneous goods markets (Burdett and Judd 1983; Stahl 1989; Janssen et ...same price distribution in ...low price outlets ...
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Measuring the value of product characteristics in the presence of price dispersion
... the price of multi-attribute products generally requires an assessment of each attributes’ market ...of price dispersion, when similar products are sold at different prices, hedonic pricing models ...
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Consumer search behavior and willingness to pay for insurance under price dispersion
... under price dispersion reduces the time of search and raises prices of purchases, the increase in purchase price can be presented as the increase in the willingness to pay for insurance or the ...
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Non-sequential search, competition and price dispersion in retail electricity
... A variety of empirical tests support the validity of our results. Initially, we truncate the 4% search request for tariffs with eco labels to avoid product differentiation effects. Including these requests does not alter ...
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Non-Sequential Search, Competition and Price Dispersion in Retail Electricity
... In this study, we provide several novelties compared to the existing literature and, therefore, extend our knowledge on the nexus between search frictions, competition and pricing behavior in homogenous goods markets. ...
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Nominal Rigidities and Retail Price Dispersion in Canada over the Twentieth Century
... of price changes across ...frequent price changes and less variance in price ...of price changes distribution was also found in Bils and Klenow (2004) and Kackmeister ...of price ...
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Using Transaction Prices to Re-Examine Price Dispersion in Electronic Markets
... Price dispersion is an important indicator of market ...of price dispersion on the Internet, which is in contrast to theoretical ...price dispersion. In theory, this can lead to ...
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What Drives the Relationship Between Inflation and Price Dispersion? Market Power vs. Price Rigidity
... on price dispersion is not always ...price dispersion. On the other hand, buyers respond to an increase in price dispersion by searching more intensively, which lowers sellers’ ...
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Market liberalization : price dispersion, price discrimination and consumer search in the German electricity markets
... on price dispersion and search intensity (see, ...and price dispersion in online book retailing and find that an increase in shopbot use reduces average prices and price ...between ...
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Price dispersion in the housing market: the role of bargaining and search costs
... through price but also through the time that a buyer and a seller spend on the ...housing price and trading volume (see Leung, Lau and Leong, 2002; Fisher et ...housing price and the time-on-the ...
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