Browsing Sloan School of Management by Subject "random coefficients choice model"

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    • Search and Product Differentiation at an Internet Shopbot 

      Brynjolfsson, Erik; Dick, Astrid Andrea; Smith, Michael D. (2004-03-05)
      Price dispersion among commodity goods is typically attributed to consumer search costs. We explore the magnitude of consumer search costs using a data set obtained from a major Internet shopbot. For the median consumer, ...