Search Costs and Price Dispersion in a Localized, Homogeneous Product Market: Some Empirical Evidence View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

1997-12

AUTHORS

A. Frank Adams

ABSTRACT

Convenience stores provide an opportunity to compare the price dispersion that occurs for gasoline, which is characterized by relatively low search and information costs to consumers, with that of in-store items, which are characterized by relatively high search and information costs to consumers. The results obtained from this study support the hypothesis that differences in search and information costs for consumers play a significant role in explaining the observed price dispersion that occurs for homogeneous items sold at convenience stores. More... »

PAGES

801-808

Journal

TITLE

Review of Industrial Organization

ISSUE

5-6

VOLUME

12

Identifiers

URI

http://scigraph.springernature.com/pub.10.1023/a:1007779422525

DOI

http://dx.doi.org/10.1023/a:1007779422525

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1031769105


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