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Full-Text Articles in Social and Behavioral Sciences

Price Dispersion On The Internet: Good Firms, Bad Firms, Kathy Baylis, Jeffrey M. Perloff Dec 2001

Price Dispersion On The Internet: Good Firms, Bad Firms, Kathy Baylis, Jeffrey M. Perloff

Kathy Baylis

Internet firms charge a wide range of prices for such homogeneous products, and high-priced firms remain high-priced and low-priced firms remain low-priced over long periods. One explanation is that high-price firms are charging a premium for superior service. An alternative explanation is that firms price discriminate across informed and uniformed consumers (Salop and Stiglitz 1977) or between serious shoppers and others (Wilde and Schwartz 1979). The pricing pattern for a digital camera and a flatbed scanner is consistent with the price-discrimination model and inconsistent with the service-premium story.


Water-Based Recreational Benefits Of Conservation Programs: The Case Of Conservation Tillage On U.S. Cropland, Kathy Baylis, Peter Feather, Merritt Padgitt, Carmen Sandretto Dec 2001

Water-Based Recreational Benefits Of Conservation Programs: The Case Of Conservation Tillage On U.S. Cropland, Kathy Baylis, Peter Feather, Merritt Padgitt, Carmen Sandretto

Kathy Baylis

No abstract provided.