We study the impact of the Euro on prices charged by online retailers within the EU. Our data spans the period before and after the Euro was introduced, covers a variety of products, and includes countries inside and outside of the Eurozone. Our main finding is that the Euro changeover in 2002...

The impact of the internet on horizontal and vertical competition : market efficiency and value chain reconfiguration / Anita Elberse, Patrick Barwise, Kathy Hammond -- Trust among strangers in internet transactions : empirical analysis of eBay' s reputation system / Paul Resnick, Richard...

A standard "solution" offered to the deleterious effects of all-out price competition is for firms to engage in differentiation strategies. This solution, however, depends critically on the inability of rivals to imitate a successful differentiation strategy. With imitation, we show how "Red...