While there are suggestions in applied cartel studies that price dispersion changes when cartelization of a market occurs, there are few theoretical or empirical analyses of this effect. This ...
This paper examines 4 million price observations over an eight month time period for 1000 of the best-selling consumer electronics products found on the price comparison site Shopper.com. We find ...
We study deviations from the Law-of One-Price using microeconomic data on the retail prices of approximately 220 individual goods and services across 122 cities located in 79 countries over the ...
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 homogeneous ...
This dissertation consists of a study of the consequences of consumers’ imperfect information on market clearing prices. The traditional paradigm in economics assumes consumers have ...