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Persistent link: https://www.econbiz.de/10005542356
This paper explores entry and exit at a price comparison site (PCS) where the sunk costs of participation are effectively zero. We first use an unbalanced panel of 295 products on NexTag.com to estimate an error correction model of net entry. Although the results support our characterization of...
Persistent link: https://www.econbiz.de/10010864961
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