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Price Matching in Online Retail
Anna Bottasso
Simone Robbiano
Paolo Marocco
出版
Global Labor Organization (GLO)
, 2023
URL
http://books.google.com.hk/books?id=nrht0AEACAAJ&hl=&source=gbs_api
註釋
We analyze a sample of consumer-electronics products sold by the US NewEgg online-retailer to study the impact of Price Matching Guarantees (PMGs) policies on prices. By applying aDifference-in-Differences approach,we find that prices of the policy-adopting retailer increase by 4.7% during the policy validity period and up to five days after the treatment, while those of the major non-adopting competitor are not affected. Results are mainly driven by highlyrated, visible and expensive products, while the policy does not affect low-rated, less visible and cheaper ones. Overall findings are consistent with the hypothesis that PMGs act as price discrimination tools.