The present empirical study is the first research to examine how the price tolerance of online buyers correlates with price comparison website (PCW) usage and customer relationship status (CRS). Longitudinal sales data of power tools and household appliances in 8,097 transactions from a German...

This paper examines price elasticities on a price comparison website and if there is a discontinuity in demand for retailers having the lowest price, or products having the highest consumer rating. Previous research is extended upon, with a larger, more recent, and more varied dataset, with...

This paper examines price elasticities on a price comparison website and if there is a discontinuity in demand for retailers having the lowest price, or products having the highest consumer rating. Previous research is extended upon, with a larger, more recent, and more varied dataset, with...

Theories of intertemporal price discrimination imply that prices must be chosen using mixed strategies, with retailers changing their prices randomly over time. Otherwise, consumers will learn which retailer has the lowest price, and eventually, all customers will patronize the lowest price...

In den letzten Jahrzehnten hat die Politik in Großbritannien durch verschiedene Reformen den Schwerpunkt der Altersvorsorge von der gesetzlichen Rente hin zu privater und betrieblicher Altersvorsorge verschoben. Im Gegenzug hat die Finanzkompetenz der Verbraucherinnen und Verbraucher sowie für...

In den letzten Jahrzehnten hat die Politik in Großbritannien durch verschiedene Reformen den Schwerpunkt der Altersvorsorge von der gesetzlichen Rente hin zu privater und betrieblicher Altersvorsorge verschoben. Im Gegenzug hat die Finanzkompetenz der Verbraucherinnen und Verbraucher sowie für...

We investigate three ways in which firms can become "prominent" and thereby influence the order in which consumers consider options. First, firms can affect an intermediary's sales efforts by means of commission payments. When firms pay commission to a salesman, the salesman promotes the product...