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The Internet has the potential to reduce search frictions by allowing individuals to identify faster a larger set of …. This paper empirically examines the implications of Internet diffusion in the USA since the 1990s on one aspect of this … marriage markets. I also provide some suggestive evidence that Internet has likely crowded out other traditional meeting venues …
Persistent link: https://www.econbiz.de/10011151130
There have been many claims that the Internet represents a new nearly "frictionless market." Our research empirically … analyzes the characteristics of the Internet as a channel for two categories of homogeneous products---books and CDs. Using a … data set of over 8,500 price observations collected over a period of 15 months, we compare pricing behavior at 41 Internet …
Persistent link: https://www.econbiz.de/10009214535
Despite the widespread adoption of search and recommendation technologies on the Internet, empirical research that … this effect varies for different technologies and across different products. In particular, the use of directed search has … products. Surprisingly, the use of nondirected search has an insignificant effect on online sales. …
Persistent link: https://www.econbiz.de/10009214563
This paper studies a model in which consumers search among multiple competing firms for products that match their … preferences at a reasonable price. We focus on how easier search, possibly due to the adoption of search-facilitating technologies … such as the Internet, influences equilibrium prices, assortments, firm profits, and consumer welfare. Conventional wisdom …
Persistent link: https://www.econbiz.de/10008789759
Proliferation of content on the internet offers consumers access to more sources than had been possible with … traditional media. Disaggregated content also increases the relevance of targeting for advertisers. But at the same time, search … effects of search technology and aggregators in digital media markets. A simple model shows how these institutions can alter …
Persistent link: https://www.econbiz.de/10010574535
This paper examines one of the most important marketing strategies by software producers on the Internet. That is …
Persistent link: https://www.econbiz.de/10008502970
our survey. The share on Internet use in total search is significantly related to younger age, higher education, higher … search. A testable prediction of our model is that the Internet should draw proportionally from each other source. Since … consumer characteristics on search, and on gains to search. We simulate overall behavior, and that of Internet users and …
Persistent link: https://www.econbiz.de/10005579761
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