Baye, Michael; GATTI, RUPERT J; Kattuman, Paul; Morgan, John - Institute of Business and Economic Research (IBER), … - 2004
Clearinghouse models of online pricing---such as Varian (1980), Rosenthal (1980), Narasimhan (1988), and Baye-Morgan (2001)---view a price comparison site as an "information clearinghouse" where shoppers and loyals obtain price and product information to make online purchases. These models...