Bertonazzi, Eric P; Maloney, Michael T; McCormick, Robert E - In: Economic Inquiry 31 (1993) 3, pp. 383-93
This paper examines empirically the proposition of Armen Alchian and William Allen (1964) that shipping charges induce consumers to opt for higher quality goods. The authors show, in a household productions framework, why this holds whether goods or buyers travel. Using a large sample of...