Internet Exchanges for Used Books: An Empirical Analysis of Product Cannibalization and Welfare Impact

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Internet Exchanges for Used Books: An Empirical Analysis of Product Cannibalization and Welfare Impact

I systems and the Internet have facilitated the creation of used-product markets that feature a dramatically wider selection, lower search costs, and lower prices than their brick-and-mortar counterparts do. The increased viability of these used-product markets has caused concern among content creators and distributors, notably the Association of American Publishers and Author’s Guild, who beli...

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Internet Exchanges for Used Books: An Empirical Analysis of Welfare Implications

Acknowledgements: The authors thank Al Greco, Otto Koppius and participants at the 2004 INFORMS Annual Conference, the 2004 MISRC/CRITO Symposium on the Digital Divide, the 2003 International Conference on Information Systems, the University of California at Davis, and Carnegie Mellon University’s Tepper School of Business and H. John Heinz III School of Public Policy and Management for valuabl...

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Internet Exchanges for Used Goods: An Empirical Analysis of Trade Patterns and Adverse Selection

The past few years have witnessed the increasing ubiquity of user-generated content on seller reputation and product condition in Internet based used-good markets. Recent theoretical models of trading and sorting in used-good markets provide testable predictions to use to examine the presence of adverse selection and trade patterns in such dynamic markets. A key aspect of such empirical analyse...

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ژورنال

عنوان ژورنال: SSRN Electronic Journal

سال: 2005

ISSN: 1556-5068

DOI: 10.2139/ssrn.584401