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Pricing Strategies in the Electronic Marketplace

In: Handbook of Strategic e-Business Management

Author

Listed:
  • Jihui Chen

    (Illinois State University)

Abstract

In this chapter, I review prices and firms’ pricing strategies on the Internet through a broad survey of recent literatures on economics, information system, and marketing. In both empirical and theoretical studies, I carefully identify two causes of price dispersion, a pervasive and persistent phenomenon observed in many homogenous product markets: market friction and product differentiation. In experimental studies, I document pricing strategies arising from both laboratory and field experiments. Finally, recent studies of online pricing issues using international data are also exposited.

Suggested Citation

  • Jihui Chen, 2014. "Pricing Strategies in the Electronic Marketplace," Progress in IS, in: Francisco J. Martínez-López (ed.), Handbook of Strategic e-Business Management, edition 127, pages 489-522, Springer.
  • Handle: RePEc:spr:prochp:978-3-642-39747-9_21
    DOI: 10.1007/978-3-642-39747-9_21
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    Cited by:

    1. Yanzhe (Murray) Lei & Stefanus Jasin & Amitabh Sinha, 2018. "Joint Dynamic Pricing and Order Fulfillment for E-commerce Retailers," Manufacturing & Service Operations Management, INFORMS, vol. 20(2), pages 269-284, May.

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