The explosive growth in Internet retailing has sparked a stream of research on online price
dispersion, defined as the distribution of prices (such as range and standard deviation) of an …

Online prices are increasingly used for measurement and research applications, yet little is
known about their relation to prices collected offline, where most retail transactions take …

Many markets have historically been dominated by a small number of best-selling products.
The Pareto principle, also known as the 80/20 rule, describes this common pattern of sales …

A key question for Internet commerce is the nature of competition with traditional brick-and-
mortar retailers. Although traditional retailers vastly outsell Internet retailers in most product …

We provide a unified treatment of alternative models of information acquisition/transmission
that have been advanced to rationalize price dispersion in online and offl ine markets for …

From the very beginning of the Internet, a decisive shift from supplier power to consumer
power was predicted by several authors and is still maintained in recent literature. Although …

Because current management theories evolved in the context of brick-and-mortar firms, this
paper examines three key questions raised by the advent of e-business:(1) Will the strategy …

Domestic trade costs reduce aggregate welfare and result in worse access to consumption
goods in small and remote cities. As a new trade technology, e-commerce can increase inter …

Using data collected between August, 1999, and January, 2000, covering 399 books, we
examine pricing by thirty‐two online United States‐based bookstores. At the aggregate …

This article examines the effect of the advent and diffusion of e‐commerce on supply‐side
industry structure. We specify a general industry model involving consumers with differing …