This study reports on an econometric analysis of a new theoretical model for price rigidity in Internet-based bookselling. We consider a variety of theoretical perspectives from marketing and economics. We specify and test a model using data on 387 books sold on the Internet that were collected over a 309-day period in 2003 and 2004. The aggregate data are built based on 1.2 million daily obser...

Much research has been done to understand the motivations of consumers to choose among online retailers and the retailer factors driving customer satisfaction (e.g., Kim et al. 2009; Kotha et al. 2004; Pan et al. 2002; Qu et al. 2008; Smith et al. 2000; Wolfinbarger and Gilly 2003). Concentrating on e-tailing service quality, Wolfinbarger and Gilly (2003) argue that four factors—website design,...

Find the secret to improve the quality of life by reading this computational and information science first international symposium cis 2004 shanghai china december 16 18 2004 proceedings. This is a kind of book that you need now. Besides, it can be your favorite book to read after having this book. Do you ask why? Well, this is a book that has different characteristic with others. You may not n...

This paper is a non-technical summary of Harrington (2004). Standard methods for calculating antitrust damages in price-fixing cases are shown to create a strategic incentive for firms to price excessively high during the post-cartel phase which causes an overestimate of the but for price and an underestimate of the level of damages. The extent to which damages are underestimated is greater, th...

This paper uses support vector machines (SVM) based learning algorithm to select important variables that help explain the realtime peak electricity price in the Ontario market. The Ontario market was opened to competition only in May 2002. Due to the limited number of observations available, finding a set of variables that can explain the independent power market of Ontario (IMO) real-time pea...