详细信息
Price dispersion under the adverse selection environment in e-commerce markets ( EI收录)
文献类型:期刊文献
英文题名:Price dispersion under the adverse selection environment in e-commerce markets
作者:Pan, Yong[1]
第一作者:潘勇
通讯作者:Pan, Y[1]
机构:[1]Henan Univ Econ & Law, Sch E Commerce & Logist Management, 1 East Jinshui Rd, Zhengzhou 450046, Peoples R China
第一机构:河南财经政法大学电子商务与物流管理学院
通讯机构:[1]corresponding author), Henan Univ Econ & Law, Sch E Commerce & Logist Management, 1 East Jinshui Rd, Zhengzhou 450046, Peoples R China.|[104849]河南财经政法大学电子商务与物流管理学院;[10484]河南财经政法大学;
年份:2014
卷号:20
期号:1-3
起止页码:3-13
外文期刊名:INTERNATIONAL JOURNAL OF SERVICES TECHNOLOGY AND MANAGEMENT
收录:EI(收录号:20143118014432);Scopus(收录号:2-s2.0-84904903116);WOS:【ESCI(收录号:WOS:000216544600002)】;
基金:This research was supported by the National Social Science Foundation of China under Grant 10BGL096.
语种:英文
外文关键词:price dispersion; adverse selection; 'lemon' problem; price discrimination
摘要:The price dispersion means different prices for same goods. In the internet economy, many economists reckon that the price dispersion in the e-commerce markets should descend along with the dropping of search cost. However, the correlative studies reach a contrary opinion: there not only exist price dispersion in the e-commerce market, but also has larger dispersion degree than the traditional market, thereby gaining a 'price paradox' that is inconsistent with traditional economic principle. Based on the adverse selection perspective, this paper wants to provide another interpretation about the price dispersion in the e-commerce markets. Actual data from five online markets in China serves as a case study to help analyse the price dispersion. The results show the different kinds of markets have the different price dispersion that depends on the degree of adverse selection. Finally, the paper probes into resolving approaches eliminating and decreasing price dispersion in order to advance the business efficiency.
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