Information search in the internet markets: Experience versus search goods
نویسندگان
چکیده
منابع مشابه
Search Deterrence in Experimental Consumer Goods Markets
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Klein (Journal of Business Research 41(3): 195– 203, 1998) posited that the Web can transform experience goods into search goods (ES shifts). We examine her proposition in three ways. First, we critically assess the background of her proposition in light of the Web evolution in the past decade. Second, we conduct a comparison of past studies that measured the extent of search, experience, and c...
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In frictional matching markets with heterogeneous buyers and sellers, sellers incur discrete showing costs to show goods to buyers who incur discrete inspection costs to assess the suitability of the goods on offer. This paper studies how brokers can help reduce these costs by managing the level and mix of goods in their inventory. We find that intermediaries emerge and improve social welfare w...
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ژورنال
عنوان ژورنال: Electronic Commerce Research and Applications
سال: 2018
ISSN: 1567-4223
DOI: 10.1016/j.elerap.2018.05.004