Open AccessAn Analysis of Pricing Strategy and Price Dispersion on the Internet
Author(s) -
Randy A. Nelson,
Richard Cohen,
Frederik Roy Rasmussen
Publication year - 2007
Publication title -
eastern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.276
H-Index - 22
eISSN - 1939-4632
pISSN - 0094-5056
DOI - 10.1057/eej.2007.6
Subject(s) - price dispersion , dispersion (optics) , the internet , economics , business , microeconomics , econometrics , computer science , physics , world wide web , optics
The development of e-commerce, or the buying and selling of goods on the inter-net, has greatly reduced the costs to consumers of identifying the sellers of various goods and the prices that they charge. This is particularly true for consumers who use “price robots” or “shopbots” such as pricescan.com, mysimon.com, bestbookbuys.com, cnet.com, etc
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