The Economics Of Online Retailers

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The Economics of E-Commerce

Author : Nir Vulkan
Publisher : Princeton University Press
ISBN 13 : 0691214549
Total Pages : 236 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Economics of E-Commerce by : Nir Vulkan

Download or read book The Economics of E-Commerce written by Nir Vulkan and published by Princeton University Press. This book was released on 2020-06-30 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the recent misfortunes of many dotcoms, e-commerce will have major and lasting effects on economic activity. But the rise and fall in the valuations of the first wave of e-commerce companies show that vague promises of distant profits are insufficient. Only business models based on sound economic propositions will survive. This book provides professionals, investors, and MBA students the tools they need to evaluate the wide range of actual and potential e-commerce businesses at the microeconomic level. It demonstrates how these tools can be used to assess a variety of existing applications. Advances in web-based technology--particularly automation and delegation technologies such as smart agents, shopping bots, and bidding elves--support the further growth of e-commerce. In addition to enabling consumers to conduct automated comparisons and sellers to access visitors' background information in real time, such software programs can make decisions for individuals, negotiate with other programs, and participate in online markets. Much of e-commerce's economic value arises from this kind of automation, which not only reduces operating costs but adds value by generating new market interactions. This text teaches how to analyze the added value of such applications, considering consumer behavior, pricing strategies, incentives, and other critical factors. It discusses added value in several e-commerce arenas: online shopping, business-to-business e-commerce, application design, online negotiation (one-to-one trading), online auctions (one-to-many trading), and many-to-many electronic exchanges. Combining insights from several years of microeconomic research as well as from game theory and computer science, it stresses the importance of economic engineering in application design as well as the need for business models to take into account the "total game." As the only serious treatment of the microeconomics of e-commerce, this book should be read by anyone seeking e-commerce solutions or planning to work in the field.

Handbook on the Economics of Retailing and Distribution

Author : Emek Basker
Publisher : Edward Elgar Publishing
ISBN 13 : 1783477385
Total Pages : 513 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis Handbook on the Economics of Retailing and Distribution by : Emek Basker

Download or read book Handbook on the Economics of Retailing and Distribution written by Emek Basker and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 513 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook explores and critically examines current research in economics and marketing science on key issues in retailing and distribution. Providing a rich perspective for the discussion of public policy, contributions from several disciplines and continents range from the history of chains and the impact of multinational retailers on international trade patterns to US merger policy in the retail context, the rise of the Internet, and consumer-to-consumer sales. The chapters address methodological issues such as the structural estimation of entry games between retailers, productivity measurement when both inputs and output are not fully observable, and demand estimation with variable assortment. Policy issues explored include mergers, zoning, and the regulation of buyer power, while other chapters address some of the recent exciting developments in technology, retail formats, and data availability. The book goes on to study the changes in online retailing and ‘big data’, and to examine competition in specific retail sectors including gasoline stations, automobile dealerships, supermarkets, and ‘big box’ retail. This state-of-the-art Handbook is an essential reference for students and academics of economics and marketing science, and offers an outsider’s perspective to specialists in operations research, data analytics, geography, and sociology.

The Economics of E-commerce and the Internet

Author : Edward J. Deak
Publisher : South Western Educational Publishing
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis The Economics of E-commerce and the Internet by : Edward J. Deak

Download or read book The Economics of E-commerce and the Internet written by Edward J. Deak and published by South Western Educational Publishing. This book was released on 2003 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an economic analysis of e-commerce and the Internet. The book takes a broad approach in looking at the microeconomic structure, competitive strategy and efficiency, as well as social and legal implications of the e-commerce revolution. The unique approach of the book is its demonstration of economic tensions, economic forces acting in concert or in opposition, that are consistently affecting the continuing development of e-commerce.

The Economics of the Internet and E-commerce

Author : Michael R. Baye
Publisher : Elsevier
ISBN 13 : 0762309717
Total Pages : 280 pages
Book Rating : 4.7/5 (623 download)

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Book Synopsis The Economics of the Internet and E-commerce by : Michael R. Baye

Download or read book The Economics of the Internet and E-commerce written by Michael R. Baye and published by Elsevier. This book was released on 2002-10-31 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first six chapters of the text examine four broad issues: the role of the Internet in fostering competition, its impact on price dispersion and on business-to-business transactions, and the importance of reputation and trust in the new economy. The last four chapters examine the impact of the Internet on the organization of firms, the efficiency of auctions in the Internet age, how consumers choose websites and acquire product information, and the growing problem of congestion on the Internet.

The Economics of Retailing and Distribution

Author : Roger R. Betancourt
Publisher : Edward Elgar Publishing
ISBN 13 : 1845423364
Total Pages : 256 pages
Book Rating : 4.8/5 (454 download)

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Book Synopsis The Economics of Retailing and Distribution by : Roger R. Betancourt

Download or read book The Economics of Retailing and Distribution written by Roger R. Betancourt and published by Edward Elgar Publishing. This book was released on 2005-01-01 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book should become a standard reference in the field. . . It combines rigorous modeling with sophisticated econometrics and includes telling examples to illustrate general principles. Dennis C. Mueller, University of Vienna, Austria This book provides a uniform and coherent approach to the analysis of distribution systems in general and retail systems in particular. It develops the fundamentals of retail demand and supply, and demonstrates how the provision of distribution services is a principal determinant of economic outcomes in retail exchanges for both retailers and their customers, as well as for other agents such as suppliers and franchisors. The author integrates the existing literature with new applications to provide novel insights into the multi-product nature of retailing, the service aspects of packaging, and the evolution of retail formats such as supermarkets, non-store retailers (including the Internet) and shopping centers. He illustrates how the complementarity that underlies retail activities leads to lower average prices for customers. This integrative process also brings out the role of distribution services as mechanisms to exercise economic power. This is evident not only in channels of distribution but in the evolution of Wal-Mart and the development of franchise contracts. The author also identifies the crucial differences between the retailing of goods and the retailing of services. This impressive volume skilfully integrates conceptual, theoretical and empirical research to analyse critical issues in the economics of retailing and distribution. It will be required reading for academics and professional economists interested in industrial organization, marketing, applied microeconomics and business.

The Economics of E-commerce

Author : Michael R. Baye
Publisher : Edward Elgar Publishing
ISBN 13 : 9781785361401
Total Pages : 0 pages
Book Rating : 4.3/5 (614 download)

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Book Synopsis The Economics of E-commerce by : Michael R. Baye

Download or read book The Economics of E-commerce written by Michael R. Baye and published by Edward Elgar Publishing. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This comprehensive collection, edited by two pioneers of e-commerce, presents thirty of the most important papers written in the fields of economics, marketing and strategy. Topics covered include evaluation of the benefit to consumers of competition and product variety online, examination of auctions and reputational feedback mechanisms designed to mitigate informational asymmetries in online markets, and the debate on digital property rights including privacy, piracy and the open source movement. Together with an original introduction by the editors, this title provides a readily accessible wealth of material on the subject of e-commerce, invaluable to scholars and practitioners alike.

The Economics of Digital Shopping in Central and Eastern Europe

Author : Barbara Grabiwoda
Publisher : Cambridge University Press
ISBN 13 : 1009117750
Total Pages : 115 pages
Book Rating : 4.0/5 (91 download)

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Book Synopsis The Economics of Digital Shopping in Central and Eastern Europe by : Barbara Grabiwoda

Download or read book The Economics of Digital Shopping in Central and Eastern Europe written by Barbara Grabiwoda and published by Cambridge University Press. This book was released on 2022-03-03 with total page 115 pages. Available in PDF, EPUB and Kindle. Book excerpt: Transformations caused by increasing virtual connectivity reach all business touchpoints, but the surge towards digital technologies is not distributed evenly across European markets, with the Central & Eastern Europe (CEE) region showing the strongest diversity of digital adoption levels. This Element outlines the characteristics of CEE digital markets, along with an additional contextual layer investigating online consumer behaviors. In-depth analysis of the similarities and differences in the region will allow the pace of ongoing digitization to be traced. The authors' objective in delivering this Element is to analyze the opportunities presented by the digital economy in CEE and to provide an actionable outlook for the e-commerce potential within the region's markets. Observations are based on in-depth analysis of dependencies between globalization of consumer behaviors and ongoing barriers to digital adoption caused by both economic and geo-political limitations.

The Economics of Online Retailers

Author : Diego Aparicio
Publisher :
ISBN 13 :
Total Pages : 175 pages
Book Rating : 4.:/5 (111 download)

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Book Synopsis The Economics of Online Retailers by : Diego Aparicio

Download or read book The Economics of Online Retailers written by Diego Aparicio and published by . This book was released on 2019 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of four chapters on applied economics related to online retailers. The first chapter studies the impact of targeted price controls on supermarket products in Argentina between 2007 and 2015. Online daily prices for controlled and non-controlled goods were collected to examine the differential effects of the policy on inflation, product availability, entry and exit, and price dispersion. Price controls only have a temporary effect on inflation. Moreover, firms compensate for price controls by introducing new product varieties at higher prices, increasing price dispersion within narrow categories. The second chapter studies choice overload in a large scale online experiment, involving thousands of households making major purchases. Purchase rates and click-through rates decreased with fewer choices. However, there are heterogeneous effects across users: while local users exhibit lower purchase rates, foreign users exhibit higher purchase rates when offered fewer choices. The third chapter studies the use of online price data to forecast the Consumer Price Index. Online price indices anticipate changes in official inflation trends more than one month in advance. The baseline one-month forecast outperforms Bloomberg surveys of forecasters, which predict the contemporaneous inflation rate. Similarly, online-based quarterly forecasts for the US inflation rate outperform the Survey of Professional Forecasters. The fourth chapter studies pricing in the fashion retail industry. Online data was collected from over 65 retailers in the U.S. and the U.K. A machine learning classifier categorizes products within- and across- retailers, as well as over different seasons. A fair fraction of firms implements what is described as price clustering: a large number of different products are priced using just a small number of sparse prices, with price changes occurring rarely and in large increments. This pricing strategy is consistent with a behavioral model where fewer prices makes price advertising more effective.

Economics of Retailing

Author : Paul Henry Nystrom
Publisher :
ISBN 13 :
Total Pages : 424 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Economics of Retailing by : Paul Henry Nystrom

Download or read book Economics of Retailing written by Paul Henry Nystrom and published by . This book was released on 1917 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

eCommerce Economics

Author : David VanHoose
Publisher : Routledge
ISBN 13 : 1136821805
Total Pages : 601 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis eCommerce Economics by : David VanHoose

Download or read book eCommerce Economics written by David VanHoose and published by Routledge. This book was released on 2011-03-18 with total page 601 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition of eCommerce Economics addresses the economic issues associated with using computer-mediated electronic networks, such as the Internet, as mechanisms for transferring ownership of or rights to use goods and services. After studying this book, students will recognize problems that arise in the electronic marketplace, such as how to gauge the competitive environment, what products to offer, how to market those products, and how to price those products. They also will understand the conceptual tools required to evaluate the proper scope of public policies relating to electronic commerce. Core topics covered in the book include the underpinning of electronic commerce and the application of basic economic principles, including the theories of perfect and imperfect competition, to the electronic marketplace. Building on this foundation, the book discusses virtual products, network industries, and business strategies and conduct. Additional key topics include Internet advertising, intellectual property rights in a digital environment, regulatory issues in electronic markets, public sector issues, online banking and finance, digital cash, international electronic trade, and the implications of e-commerce for aggregate economic activity.

New Online Retailing

Author : Gerrit Heinemann
Publisher : Springer Science & Business Media
ISBN 13 : 383496378X
Total Pages : 274 pages
Book Rating : 4.8/5 (349 download)

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Book Synopsis New Online Retailing by : Gerrit Heinemann

Download or read book New Online Retailing written by Gerrit Heinemann and published by Springer Science & Business Media. This book was released on 2010-11-01 with total page 274 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors describe in detail what makes today’s online retailing different and provide 8 central success factors for the new generation of Internet sales. Based on internationally recognized best practices, it becomes obvious what makes online retailers successful. The authors pull together “lessons learned” from the last 10 years, and give readers a tour of the future of online selling.

End Of Online Shopping, The: The Future Of New Retail In An Always Connected World

Author : Wijnand Jongen
Publisher : World Scientific
ISBN 13 : 9813274565
Total Pages : 305 pages
Book Rating : 4.8/5 (132 download)

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Book Synopsis End Of Online Shopping, The: The Future Of New Retail In An Always Connected World by : Wijnand Jongen

Download or read book End Of Online Shopping, The: The Future Of New Retail In An Always Connected World written by Wijnand Jongen and published by World Scientific. This book was released on 2018-07-19 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Retail is going through difficult times and is suffering the consequences of both the economic crisis and the digitization of society. Fundamentally, there is a bigger problem: stores cannot keep up with the changing behavior of customers who are connected 24/7, customers for whom there is no distinction between online and offline.The End of Online Shopping: The Future of New Retail in an Always Connected World describes how the smart, the sharing, the circular, and the platform economy are shaping a new era of always connected retail. Retailers urgently need to innovate if they want to stay relevant in a world dominated by marketplaces and sharing platforms. The book contains inspiring examples from different industries — which include the usual suspects such as Amazon, Alibaba, and Google, but also local startups — and covers all aspects of the customer journey, from orientation and selection to delivery.The End of Online Shopping provides an excellent overview of shopping trends and developments worldwide, and offers readers indispensable insights into the future of retail.

The Economics of Electronic Commerce

Author : Andrew B. Whinston
Publisher : Que Publishing
ISBN 13 :
Total Pages : 664 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis The Economics of Electronic Commerce by : Andrew B. Whinston

Download or read book The Economics of Electronic Commerce written by Andrew B. Whinston and published by Que Publishing. This book was released on 1997 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Economics of Electronic Commerce applies standard microeconomic analyses to an entirely new industry - laying the foundation for the development of radically new business models. With detailed analysis to those involved in the actual production, marketing, and distribution of digital information products as well as professionals doing business in the electronic marketplace, this valuable reference demonstrates that businesses that achieve early success from applying these theories will enjoy a distinct competitive advantage in this newly defined world of business."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Introduction to Business

Author : Lawrence J. Gitman
Publisher :
ISBN 13 :
Total Pages : 1455 pages
Book Rating : 4./5 ( download)

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Book Synopsis Introduction to Business by : Lawrence J. Gitman

Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2024-09-16 with total page 1455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.

The Market Makers

Author : Gary G. Hamilton
Publisher : OUP Oxford
ISBN 13 : 9780199655878
Total Pages : 0 pages
Book Rating : 4.6/5 (558 download)

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Book Synopsis The Market Makers by : Gary G. Hamilton

Download or read book The Market Makers written by Gary G. Hamilton and published by OUP Oxford. This book was released on 2012-08-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In eleven chapters by leading scholars, The Market Makers provides a detailed but highly readable analysis of how retailers have become the leading drivers of the new global economy. The analytic core is the "market-making perspective," which refocuses economic analysis away from factories and production to markets and market-making.

Internet Economics

Author : Lee W. McKnight
Publisher : MIT Press
ISBN 13 : 9780262631914
Total Pages : 546 pages
Book Rating : 4.6/5 (319 download)

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Book Synopsis Internet Economics by : Lee W. McKnight

Download or read book Internet Economics written by Lee W. McKnight and published by MIT Press. This book was released on 1998 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Internet has rapidly become an important element of the economic system. The lack of accepted metrics for economic analysis of Internet transactions is therefore increasingly problematic. This book, one of the first to bring together research on Internet engineering and economics, attempts to establish such metrics. The chapters, which developed out of a 1995 workshop held at MIT, include architectural models and analyses of Internet usage, as well as alternative pricing policies. The book is organized into six sections: 1) Introduction to Internet Economics, 2) The Economics of the Internet, 3) Interconnection and Multicast Economics, 4) Usage Sensitive Pricing, 5) Internet Commerce, and 6) Internet Economics and Policy. Contributors Loretta Anania, Joseph P. Bailey, Nevil Brownlee, David Carver, David Clark, David W. Crawford, Ketil Danielsen, Deborah Estrin, Branko Gerovac, David Gingold, Jiong Gong, Alok Gupta, Shai Herzog, Clark Johnson, Martyne M. Hallgren, Frank P. Kelly, Charlie Lai, Alan K. McAdams, Jeffrey K. MacKie-Mason, Lee W. McKnight, Gennady Medvinsky, Liam Murphy, John Murphy, B. Clifford Neuman, Jon M. Peha, Joseph Reagle, Mitrabarun Sarkar, Scott Shenker, Marvin A. Sirbu, Richard Jay Solomon, Padmanabhan Srinagesh, Dale O. Stahl, Hal R. Varian, Qiong Wang, Martin Weiss, Andrew B. Whinston

The Effects of E-Commerce with Groceries on Germany’s Food Industry

Author : Manuel Zander
Publisher : GRIN Verlag
ISBN 13 : 3656831998
Total Pages : 16 pages
Book Rating : 4.6/5 (568 download)

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Book Synopsis The Effects of E-Commerce with Groceries on Germany’s Food Industry by : Manuel Zander

Download or read book The Effects of E-Commerce with Groceries on Germany’s Food Industry written by Manuel Zander and published by GRIN Verlag. This book was released on 2014-11-06 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Economics - Micro-economics, grade: 8,5, Maastricht University (School of Business and Economics), course: International Business, language: English, abstract: This paper explains general aspects of E-Commerce with groceries and focuses on potential customers as well as on factors influencing the suppliers. Besides, it deals with recent characteristics of Germany’s food industry, hence concentrates on the actual demand and supply at both the retail sector and the online trading sector. Subsequently, possible effects of E-Commerce with groceries on the food market are described and summarized. Diese Arbeit befasst sich mit den wichtigsten Aspekten von E-Commerce mit Lebensmitteln, mit potentiellen Zielgruppen, und mit verschiedenen Faktoren, die die Service-Anbieter beeinflussen. Des Weiteren wird die aktuelle Situation der deutschen Lebensmittelindustrie beschrieben - mit Bezug auf "traditionelle" Einzelhändler sowie Online-Händler. Schließlich werden mögliche Auswirkungen auf die Nahrungsmittelindustrie analysiert und zusammengefasst.