{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2022,3,30]],"date-time":"2022-03-30T18:01:19Z","timestamp":1648663279399},"reference-count":50,"publisher":"Walter de Gruyter GmbH","issue":"1","content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":[],"published-print":{"date-parts":[[2017,1,24]]},"abstract":"<jats:title>Abstract<\/jats:title><jats:p>We analyze the impact on consumer prices of some information characteristics of price-comparison search platforms. An equilibrium model where vendors compete in prices and consumers do not observe prices, but can obtain price information through a search platform, is developed. The model generates several predictions about the impact on the price distribution of: (i) the size of the search platform\u2019s sample, (ii) whether the search platform\u2019s sample is random, and (iii) the number of vendors in the market. The model\u2019s predictions are tested experimentally. The results confirm the predictions about (ii) and (iii), but reject the model\u2019s predictions about (i).<\/jats:p>","DOI":"10.1515\/rne-2016-0015","type":"journal-article","created":{"date-parts":[[2017,3,3]],"date-time":"2017-03-03T10:01:26Z","timestamp":1488535286000},"page":"1-34","source":"Crossref","is-referenced-by-count":0,"title":["Bias and Size Effects of Price-Comparison Platforms: Theory and Experimental Evidence"],"prefix":"10.1515","volume":"15","author":[{"given":"Aurora","family":"Garc\u00eda-Gallego","sequence":"first","affiliation":[]},{"given":"Nikolaos","family":"Georgantz\u00eds","sequence":"additional","affiliation":[]},{"given":"Pedro","family":"Pereira","sequence":"additional","affiliation":[]},{"given":"Jos\u00e9 C.","family":"Pern\u00edas-Cerrillo","sequence":"additional","affiliation":[]}],"member":"374","reference":[{"key":"ref111","doi-asserted-by":"crossref","first-page":"232","DOI":"10.1016\/S0022-0531(03)00135-0","article-title":"Buyer Search and Price Dispersion : A Laboratory Study","volume":"112","author":"Cason","year":"2003","journal-title":"Journal of Economic Theory"},{"key":"ref251","first-page":"795","article-title":"Monopolistic Product Line Competition withEx PostConsumer Heterogeneity","volume":"67","author":"Garc\u00eda","year":"2014","journal-title":"Journal of Business Research"},{"key":"ref231","doi-asserted-by":"crossref","first-page":"387","DOI":"10.1111\/j.1468-0297.2007.02126.x","article-title":"Mergers Asymmetries and Collusion : Experimental Evidence","volume":"118","author":"Fonseca","year":"2008","journal-title":"The Economic Journal"},{"key":"ref281","doi-asserted-by":"crossref","first-page":"337","DOI":"10.1111\/j.1756-2171.2011.00136.x","article-title":"Why do Intermediaries Divert Search","volume":"42","author":"Hagiu","year":"2011","journal-title":"RAND Journal of Economics"},{"key":"ref191","doi-asserted-by":"crossref","first-page":"541","DOI":"10.1016\/j.ijindorg.2006.05.008","article-title":"On the Diffusion of Electronic Commerce","volume":"25","author":"Dinlersoz","year":"2007","journal-title":"International Journal of Industrial Organization"},{"key":"ref131","doi-asserted-by":"crossref","first-page":"351","DOI":"10.1111\/1467-6451.00181","article-title":"Retail Strategies on the Web : Price and Non - Price Competition in the Online Book Industry","volume":"50","author":"Clay","year":"2002","journal-title":"The Journal of Industrial Economics"},{"key":"ref71","first-page":"43","article-title":"The Little Engine that could : Modeling the Performance of Engines","volume":"19","author":"Bradlow","year":"1999","journal-title":"World Wide Web Search Marketing Science"},{"key":"ref421","doi-asserted-by":"crossref","first-page":"55","DOI":"10.1016\/0165-1765(92)90161-Q","article-title":"Search costs and Prices","volume":"38","author":"Samuelson","year":"1992","journal-title":"Economics Letters"},{"key":"ref91","doi-asserted-by":"crossref","first-page":"563","DOI":"10.1287\/mnsc.46.4.563.12061","article-title":"Frictionless Commerce ? 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