Pricing Behavior on the WEB: Evidence from Online Travel Agencies

被引:0
|
作者
Erik E. Lehmann
机构
[1] University of Konstanz,
关键词
E-commerce; search costs; market substitution;
D O I
10.1023/B:EMPI.0000005240.01953.e0
中图分类号
学科分类号
摘要
This paper extends the empirical results on online retailing by studyingprices for nearly homogenous services – holiday packages –matched across conventional and Internet channels. Controllingfor vertical product differentiation, there is no evidence for lowerprices and price dispersion advertised in the online medium ingeneral, as hypothesized by search theory. It therefore remainsan open issue whether Internet trade can be associated with amore competitive market structure than the conventional market.
引用
收藏
页码:379 / 396
页数:17
相关论文
共 50 条
  • [31] Cooperation and competition between online travel agencies and hotels
    Chang, Yu-Wei
    Hsu, Ping-Yu
    Lan, Yi-Chen
    TOURISM MANAGEMENT, 2019, 71 : 187 - 196
  • [32] THEORETICAL FRAMEWORK: BENEFITS OF USING ONLINE TRAVEL AGENCIES
    Nujic, Lidija
    Herak, Ivan
    Herak, Martina
    INTERDISCIPLINARY MANAGEMENT RESEARCH XIII, 2017, 13 : 1078 - 1092
  • [33] A perceptual mapping of online travel agencies and preference attributes
    Kim, Dong Jin
    Kim, Woo Gon
    Han, Jin Soo
    TOURISM MANAGEMENT, 2007, 28 (02) : 591 - 603
  • [34] Acceptance of Online vs. Traditional Travel Agencies
    Mayr, Thomas
    Zins, Andreas H.
    ANATOLIA-INTERNATIONAL JOURNAL OF TOURISM AND HOSPITALITY RESEARCH, 2009, 20 (01): : 164 - 177
  • [35] Online coopetition between hotels and online travel agencies: From the perspective of cash back after stay
    Guo, Xiaolong
    Zheng, Xiabing
    Ling, Liuyi
    Yang, Chenchen
    TOURISM MANAGEMENT PERSPECTIVES, 2014, 12 : 104 - 112
  • [36] THE PORTUGUESE'S BEHAVIOR TOWARDS TRAVEL AGENCIES
    Gavina, Beatriz
    Silva, Susana
    CUADERNOS DE TURISMO, 2022, (49) : 149 - 171
  • [37] Travel behavior changes: evidence from a longitudinal travel survey
    Kim, T
    Goulias, KG
    URBAN TRANSPORT IX: URBAN TRANSPORT AND THE ENVIRONMENT IN THE 21ST CENTURY, 2003, 14 : 437 - 446
  • [38] ONLINE ENGAGEMENT INVESTMENTS OF ONLINE TRAVEL AGENCIES: A GAME-THEORETIC APPROACH
    Zheng, Xiabing
    Guo, Xiaolong
    JOURNAL OF ELECTRONIC COMMERCE RESEARCH, 2016, 17 (03): : 256 - 265
  • [39] Market knowledge impacts on product and process innovation: Evidence from travel agencies
    Chen, Kuan-Yang
    Altinay, Levent
    Chen, Po-Yuan
    Dai, You-De
    TOURISM REVIEW, 2022, 77 (01) : 271 - 286
  • [40] Partners' Job Satisfaction and Organizational Commitment: Evidence from Chinese Travel Agencies
    Xu Bilin
    Guo Chunyuan
    Sun Yue
    PROCEEDINGS FOR THE 5TH EURO-ASIA CONFERENCE ON ENVIRONMENT AND CORPORATE SOCIAL RESPONSIBILITY: MANAGEMENT SCIENCE AND ENGINEERING, PT II, 2009, : 114 - +