Internet car retailing

被引:133
作者
Morton, FS
Zettelmeyer, F
Silva-Risso, J
机构
[1] Yale Univ, Sch Management, New Haven, CT 06520 USA
[2] Univ Calif Berkeley, Haas Sch Business, Berkeley, CA 94720 USA
[3] JD Power & Associates, Power Informat Network, Agoura Hills, CA 91301 USA
关键词
D O I
10.1111/1467-6451.00160
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
We investigate the effect of Internet car referral services on dealer pricing of automobiles in California. Customers of an online service pay on average 2% less for their car ($450 for the average car). 25% of the savings come from purchasing at low-price dealerships affiliated with the online service. The remaining 75% stem from information provision by the online service, bargaining by the service on behalf of consumers, and cost efficiencies. A consumer receiving the mean online price does better than 65% of offline consumers, conditional on the car being purchased.
引用
收藏
页码:501 / 519
页数:19
相关论文
共 12 条
[1]  
AYRES I, 1995, AM ECON REV, V85, P304
[2]   AUTOMOBILE PRICES IN MARKET EQUILIBRIUM [J].
BERRY, S ;
LEVINSOHN, J ;
PAKES, A .
ECONOMETRICA, 1995, 63 (04) :841-890
[3]  
BROWN JR, 2000, UNPUB DOES INTERNET
[4]  
BRYNJOLFSSON E, 1999, UNPUB FRICTIONLESS C
[5]  
CARLTON D, 2000, UNPUB FREE RIDING SC
[6]  
CLAY K, 2000, UNPUB PRICING STRATE
[8]   PRODUCT DIFFERENTIATION AND OLIGOPOLY IN INTERNATIONAL MARKETS - THE CASE OF THE UNITED-STATES AUTOMOBILE-INDUSTRY [J].
GOLDBERG, PK .
ECONOMETRICA, 1995, 63 (04) :891-951
[9]  
IYER G, 2000, UNPUB INTERNET SHOPP
[10]   FASHION, STYLING, AND THE WITHIN-SEASON DECLINE IN AUTOMOBILE PRICES [J].
PASHIGIAN, BP ;
BOWEN, B ;
GOULD, E .
JOURNAL OF LAW & ECONOMICS, 1995, 38 (02) :281-309