90 research outputs found

    Electronic Commerce, Consumer Search and Retailing Cost Reduction

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    This paper explains four things in a unified way. First, how e-commerce can generate price equilibria where physical shops either compete with virtual shops for consumers with Internet access, or alternatively, sell only to consumers with no Internet access. Second, how these price equilibria might involve price dispersion on-line. Third, why prices may be higher on-line. Fourth, why established firms can, but need not, be more reluctant than newly created firm to adopt e-commerce. For this purpose we develop a model where e-commerce reduces consumers' search costs, involves trade-offs for consumers, and reduces retailing costs.Comment: 29th TPRC Conference, 200

    ELECTRONIC COMMERCE, CONSUMER SEARCH AND RETAILING COST REDUCTION

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    This paper explains three things in a unified way. First, how e-commerce can generate price equilibria, where physical shops either compete with virtual shops for consumers with Internet access, or alternatively, sell only to consumers with no Internet access. Second, how these price equilibria might involve price dispersion on-line. Third, why prices may be higher on-line. For this purpose we develop a model where e-commerce: reduces consumers’ search costs, involves trade-offs for consumers, and reduces retailing costs.

    Electronic commerce, consumer search and reailing cost reduction

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    This paper explains four things in a unified way. First, how e-commerce can generate price equilibria, where physical shops either compete with virtual hops for consumers with Internet access, or alternatively, sell only to consumers with no Internet access. Second, how these price equilibria might involve price dispersion on-line. Third, why prices may be higher on-line. Fourth, why established firms can, but need not, be more reluctant than newly created firms to adopt ecommerce. For this purpose we develop a model where e-commerce reduces consumers’ search costs, involves trade-offs for consumers, and reduces retailing costs. Este trabajo explica, de manera unificada, cuatro cosas. Primero, cĂłmo el comercio electrĂłnico puede generar equilibrios de precios en los que las tiendas fĂ­sicas compiten con las tiendas virtuales por los consumidores con acceso a Internet, o, alternativamente, venden sĂłlo a los clientes que no tienen acceso a Internet. Segundo, cĂłmo estos equilibrios de precios pueden generar dispersiĂłn de precios en Internet. Tercero, por quĂ© los precios de las tiendas virtuales pueden ser mĂĄs altos que los de las tiendas fĂ­sicas. Y cuarto, por quĂ© las empresas establecidas pueden tener menos incentivos que las empresas de nuevas creaciĂłn para abrir tiendas virtuales. Para ello desarrollamos un modelo en el que el comercio electrĂłnic o reduce los costes de bĂșsqueda de los consumidores, implica un trade-off para los consumidores, y disminuye los costes de producciĂłn de las empresas.Electronic-Commerce, Search, Cost Reduction, Retailing

    Proximity Trade and Urban Sustainability: Small Retailers' Expectations Towards Local Online Marketplaces

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    The aim of this research is to identify the expectations offered by small retail businesses towards local online selling platforms as an innovative tool to ensure their future and the urban sustainability. Based on the previous findings obtained from an analysis of trends, actors and marketplaces operating in the retail sector, sixty semi-structured in-depth interviews have been carried out to Spanish local retail managers and owners. Opportunities and risks faced by local online marketplaces are presented from the perspective of small retail stores. Different attitudes towards online shopping platforms have been identified depending on their size, presence and experience in the online world, which has allowed us to categorize local retail businesses in six groups. Despite the perceptual and attitudinal differences between them, it is concluded that merchants have assumed that the current and future business model goes through the digitalization of their businesses and the selling on e-commerce platforms. The coexistence of the e-marketplace and the physical stores, conducted by the same retailers, could have a positive effect on the urban sustainability: on the one hand, with the economic strengthening and renovation of the historical centers and, on the other, with the maintenance of the population and traditional social relationships

    Intelligent agents, markets and competition

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    Strategisch onderzoek naar de ontwikkelingen op de markt voor intelligent agents. Intelligent Agents kunnen enorme invloed krijgen in de business-to-consumer Internethandel. Veel hangt daarbij af van hoe aanbieders hun producten aanbieden op het Internet. In de reisbranche zijn de mogelijkheden voor productoriïżœntatie en -aankoop op de websites van reisaanbieders nog beperkt. Op boekensites is meer informatie voorhanden. Hier hebben agents slechts een beperkte functie, omdat onderscheid tussen boekaanbieders enkel op prijs is te maken.

    Young Filipinos’ Attitudes Towards Counterfeit Products: A Descriptive Study on Attitudes and Perceptions: A Study by the IP Academy of the Intellectual Property Office of the Philippines

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    The prevalence of counterfeit goods is a problem that is affecting different countries, posing threats to individuals, businesses, and economies. Given that the Philippines is characterized by its largely young population, this study aims to describe the perceptions and attitudes of young Filipinos toward counterfeit goods, with the hope of using this data to assist the Intellectual Property Office of the Philippines (IPOPHL) in its fight against counterfeits. Specifically, this study aims to describe the demographic characteristics of young Filipinos who have bought counterfeit goods; to describe the frequency and willingness of young Filipinos to buy counterfeit goods; to identify their common reasons for buying counterfeit goods; and to determine possible reasons to make them stop buying. This study utilized a quantitative descriptive design through an electronic survey to answer the research objectives. A total of four hundred and six (406) respondents with an age range of 15 to 30 years old, who have bought at least one counterfeit good, were included in the study. The results showed that the respondents can easily spot counterfeit goods by their quality and price and they do not regularly purchase counterfeit goods. The top three (3) counterfeited goods mostly purchased by young Filipinos are apparel/accessories, footwear, and handbags/ wallets. In addition, the results showed that online selling applications make up the majority of where these counterfeit goods are being bought from. As for the overall attitudes of young Filipinos on counterfeit goods, the study revealed that although most respondents buy counterfeit goods voluntarily and by personal choice, they believe that buying counterfeit goods does not improve their social and professional image, does not excite their consumption appetite, and it poses danger to their well-being. Furthermore, the results suggested that young Filipinos believe that since counterfeit products are easily accessible everywhere, especially in the advent of online apps and social media platforms, awareness campaigns geared towards discouraging people from buying counterfeit goods are needed, along with brand-related measures
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