Search, Obfuscation, and Price Elasticities on the Internet
From MaRDI portal
Publication:3623077
DOI10.3982/ECTA5708zbMath1158.91449OpenAlexW2892331156WikidataQ107460628 ScholiaQ107460628MaRDI QIDQ3623077
Glenn Ellison, Sara Fisher Ellison
Publication date: 16 April 2009
Published in: Econometrica (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.3982/ecta5708
searchsearch enginesinternetretailobfuscationloss leadersdemand elasticitiesadd-on pricingfrictionless commerce
Production theory, theory of the firm (91B38) Microeconomic theory (price theory and economic markets) (91B24) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74) Consumer behavior, demand theory (91B42)
Related Items
Limited attention, competition and welfare ⋮ Competitive search obfuscation ⋮ The impact of competition on prices with numerous firms ⋮ Bayesian persuasion with heterogeneous priors ⋮ A theory of search with deadlines and uncertain recall ⋮ On the dynamic stability of a price dispersion model using gradient dynamics ⋮ A fuzzy multiple-attribute decision making model to evaluate new product pricing strategies ⋮ Bertrand oligopoly with boundedly rational consumers ⋮ Equilibrium pricing in a (partial) search market: the shopbot paradox ⋮ Market failure in a new model of platform design with partially informed consumers ⋮ Does product complexity matter for competition in experimental retail markets? ⋮ Inattentive consumers in markets for services ⋮ Does add-on presence always lead to lower baseline prices? Theory and evidence ⋮ Advertising, brand loyalty and pricing ⋮ Consumer search with blind buying ⋮ Optimism, pessimism, audit uncertainty, and tax compliance ⋮ How increasing supplier search cost can increase welfare