Search and Destroy: Competition between Search Engines and Consumer Prices
نویسنده
چکیده
This paper investigates the impact on prices of competition between Price-Comparison search engines. The presence of rivals may lead search engines to increase the number of vendors they list. However, it is unclear that consumers will benefit from this. There is a conflict of interests between types of consumers.
منابع مشابه
Search and Collusion in Electronic Markets
W examine the impact of reduced search costs on prices of commodity products in electronic marketplaces. Conventionally, reduced consumer search costs may be expected to engender stronger price competition between firms, resulting in lower prices and improved consumer welfare. This notion was formalized in Stahl (1989, “Oligopolistic pricing with sequential consumer search,” American Economic R...
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