Price movements in the Japanese online home electronics market

被引:2
作者
Akimoto, Tomonari [2 ]
Takeda, Fumiko [1 ,3 ]
机构
[1] Univ Tokyo, Dept Technol Management Innovat, Sch Engn, Bunkyo Ku, Tokyo 1138656, Japan
[2] Daiwa Inst Res Ltd, Informat Technol Res & Dev Div, Tokyo 1358460, Japan
[3] Univ Alberta, Sch Business, Dept Finance & Management Sci, Edmonton, AB T6G 2R6, Canada
关键词
Asymmetric pricing; Economics; Empirical research; Law of one price; Comparison sites; Price dispersion; Internet; DISPERSION; INTERNET; INFORMATION;
D O I
10.1016/j.elerap.2008.07.001
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article investigates the price movements of home electronics products listed on a Japanese price comparison site. Our findings are as follows. (1) Price dispersion increases at earlier stages of the product life cycle and decreases at later stages. (2) The size of the price changes is larger in earlier stages than in the later stages. (3) The lowest prices change very frequently. (4) The lowest price decreases outnumber the lowest price increases. (5) The size of the lowest price changes is very small and is smaller when decreases occur than when increases occur. (c) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:28 / 36
页数:9
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