Work

Has the Internet Eliminated Regional Price Differences? Evidence from the Used Car Market

Year: 2010

Type: article

Abstract: We study the effects of the Internet on regional price differences. Comparing two Dutch regions, we find that before the rise of the Internet, price differences of used cars between those regions amounted to some 11–15%, controlling for mileage, age, fuel type and engine volume. These price differences have completely disappeared after the rise of the Internet, in particular a website that allows consumers to make detailed comparisons between almost all used cars for sale in the Netherlands.

Source: De Economist

DOI: 10.1007/s10645-010-9151-4

Authors: Marco A. Haan, Henk-Wim de Boer

Institutions: University of Groningen, Ministry of Social Affairs and Employment

Language: English

Topic: Consumer Market Behavior and Pricing

Subfield: Marketing

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,290

OpenAlex ID: W2158384769