This paper investigates prices of consumer electronics sold on the Web by both onlineonly retailers (Dotcoms) and the online branches of multi-channel retailers (MCRs). Surprisingly, we find that Dotcoms charge higher price than MCRs, a conclusion contradictory to the results of most of empirical studies. We also find that the electronics prices decreased over the period of study in general, dr...

There are many contexts in which people make judgments about prior judgments. For example, Internet shopping bots (e.g., NexTag.com) allow consumers to search for products and, if the price is too high, list a price at which they would consider making the purchase (i.e., base judgment). If the price drops to this level, the vendor generates an e-mail inviting the consumer to execute the transac...