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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w24197 |
来源ID | Working Paper 24197 |
Match Quality, Search, and the Internet Market for Used Books | |
Glenn Ellison; Sara Fisher Ellison | |
发表日期 | 2018-01-15 |
出版年 | 2018 |
语种 | 英语 |
摘要 | This paper examines the effect of the Internet on markets in which match-quality is important, including an analysis of the market for used books. A model in which sellers of unusual objects wait for high-value buyers to arrive brings out match quality and competition effects through which improved search technologies may increase both price dispersion and social welfare. A reduced-form empirical analysis finds support for a number of more nuanced predictions of the model in the context of the used book market, exploiting both cross-sectional differences across books and time-series differences in the wake of Amazon's acquisition and incorporation of a large used book marketplace. The paper develops a framework for structural estimation of a model based on the theory. The estimates suggest that the shift to Internet sales substantially increased both seller profits and consumer surplus. |
主题 | Microeconomics ; Households and Firms ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies |
URL | https://www.nber.org/papers/w24197 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581871 |
推荐引用方式 GB/T 7714 | Glenn Ellison,Sara Fisher Ellison. Match Quality, Search, and the Internet Market for Used Books. 2018. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w24197.pdf(661KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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