Do lower search costs reduce prices and price dispersion?

被引：14

作者：

Pereira, P ^{[1
]}

机构：

[1] Autoridade Concorrencia, P-1050138 Lisbon, Portugal

来源：

INFORMATION ECONOMICS AND POLICY | 2005年 / 17卷 / 01期

关键词：

search; price levels; price dispersion;

D O I：

10.1016/j.infoecopol.2004.03.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper presents a search model, for which a decrease in the search cost may lead to lower prices and to a lower price variance, but may also lead to the opposite. This result contrasts with some predictions about the impact of the Internet on prices, but fits well with the empirical literature on e-commerce. (C) 2004 Elsevier B.V. All rights reserved.

引用

页码：61 / 72

页数：12

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