Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers
Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical...
Gespeichert in:
| Veröffentlicht in: | The American economic review 2017-01, Vol.107 (1), p.283-303 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 303 |
|---|---|
| container_issue | 1 |
| container_start_page | 283 |
| container_title | The American economic review |
| container_volume | 107 |
| creator | Cavallo, Alberto |
| description | Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72 percent of the time. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for national statistical offices, researchers using online data, and anyone interested in the effect of the Internet on retail prices. |
| doi_str_mv | 10.1257/aer.20160542 |
| format | Article |
| fullrecord | <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_1866651064</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>24911329</jstor_id><sourcerecordid>24911329</sourcerecordid><originalsourceid>FETCH-LOGICAL-c486t-368a33f9ff1a80895647e0ff68bb55b058e19e5216cebb6e2939a4be354ef9603</originalsourceid><addsrcrecordid>eNpd0E1LAzEQBuAgCtbqzasQ8OLBrfne5CSl1A-oVKqel-x2oinpbk12Bf-9W6sePM0MPAwvL0KnlIwok_mVhThihCoiBdtDA2qEyHKj6T4aEEJYpplmh-gopRXZ3jQfoMU4Ap7XwdeAbb3Ec-e-98foK0j4ya99sPEaTz_8EuoKsIvNGs9sfAX80IXWZ5M3W9cQ8AJa6wPEdIwOnA0JTn7mEL3cTJ8nd9lsfns_Gc-ySmjVZlxpy7kzzlGriTZSiRyIc0qXpZQlkRqoAcmoqqAsFTDDjRUlcCnAGUX4EF3s_m5i895Baou1TxWEYGtoulRQrZSSlCjR0_N_dNV0se7T9Uoyo7k0rFeXO1XFJqUIrthEv7bxs6Ck2BZc9AUXvwX3_GzHV6lt4p9lwlDK-7RfkhF10A</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1852983592</pqid></control><display><type>article</type><title>Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers</title><source>Jstor Complete Legacy</source><source>Business Source Complete</source><source>American Economic Association Web</source><creator>Cavallo, Alberto</creator><creatorcontrib>Cavallo, Alberto</creatorcontrib><description>Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72 percent of the time. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for national statistical offices, researchers using online data, and anyone interested in the effect of the Internet on retail prices.</description><identifier>ISSN: 0002-8282</identifier><identifier>EISSN: 1944-7981</identifier><identifier>DOI: 10.1257/aer.20160542</identifier><identifier>CODEN: AENRAA</identifier><language>eng</language><publisher>Nashville: American Economic Association</publisher><subject>Analysis ; Bar codes ; Crowdsourcing ; Data collection ; Datasets ; Economic theory ; Electronic commerce ; Markups ; Price changes ; Price levels ; Prices ; Retail prices ; Retail stores ; Shorter Papers ; Studies ; Web sites ; Websites ; ZIP codes</subject><ispartof>The American economic review, 2017-01, Vol.107 (1), p.283-303</ispartof><rights>Copyright© 2017 American Economic Association</rights><rights>Copyright American Economic Association Jan 2017</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c486t-368a33f9ff1a80895647e0ff68bb55b058e19e5216cebb6e2939a4be354ef9603</citedby><cites>FETCH-LOGICAL-c486t-368a33f9ff1a80895647e0ff68bb55b058e19e5216cebb6e2939a4be354ef9603</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.jstor.org/stable/pdf/24911329$$EPDF$$P50$$Gjstor$$H</linktopdf><linktohtml>$$Uhttps://www.jstor.org/stable/24911329$$EHTML$$P50$$Gjstor$$H</linktohtml><link.rule.ids>314,776,780,799,3735,27901,27902,57992,58225</link.rule.ids></links><search><creatorcontrib>Cavallo, Alberto</creatorcontrib><title>Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers</title><title>The American economic review</title><description>Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72 percent of the time. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for national statistical offices, researchers using online data, and anyone interested in the effect of the Internet on retail prices.</description><subject>Analysis</subject><subject>Bar codes</subject><subject>Crowdsourcing</subject><subject>Data collection</subject><subject>Datasets</subject><subject>Economic theory</subject><subject>Electronic commerce</subject><subject>Markups</subject><subject>Price changes</subject><subject>Price levels</subject><subject>Prices</subject><subject>Retail prices</subject><subject>Retail stores</subject><subject>Shorter Papers</subject><subject>Studies</subject><subject>Web sites</subject><subject>Websites</subject><subject>ZIP codes</subject><issn>0002-8282</issn><issn>1944-7981</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2017</creationdate><recordtype>article</recordtype><sourceid>8G5</sourceid><sourceid>BENPR</sourceid><sourceid>GUQSH</sourceid><sourceid>M2O</sourceid><recordid>eNpd0E1LAzEQBuAgCtbqzasQ8OLBrfne5CSl1A-oVKqel-x2oinpbk12Bf-9W6sePM0MPAwvL0KnlIwok_mVhThihCoiBdtDA2qEyHKj6T4aEEJYpplmh-gopRXZ3jQfoMU4Ap7XwdeAbb3Ec-e-98foK0j4ya99sPEaTz_8EuoKsIvNGs9sfAX80IXWZ5M3W9cQ8AJa6wPEdIwOnA0JTn7mEL3cTJ8nd9lsfns_Gc-ySmjVZlxpy7kzzlGriTZSiRyIc0qXpZQlkRqoAcmoqqAsFTDDjRUlcCnAGUX4EF3s_m5i895Baou1TxWEYGtoulRQrZSSlCjR0_N_dNV0se7T9Uoyo7k0rFeXO1XFJqUIrthEv7bxs6Ck2BZc9AUXvwX3_GzHV6lt4p9lwlDK-7RfkhF10A</recordid><startdate>20170101</startdate><enddate>20170101</enddate><creator>Cavallo, Alberto</creator><general>American Economic Association</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X7</scope><scope>7XB</scope><scope>87Z</scope><scope>88C</scope><scope>88E</scope><scope>88J</scope><scope>8BJ</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>K9.</scope><scope>L.-</scope><scope>M0C</scope><scope>M0S</scope><scope>M0T</scope><scope>M1P</scope><scope>M2O</scope><scope>M2R</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>20170101</creationdate><title>Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers</title><author>Cavallo, Alberto</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c486t-368a33f9ff1a80895647e0ff68bb55b058e19e5216cebb6e2939a4be354ef9603</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2017</creationdate><topic>Analysis</topic><topic>Bar codes</topic><topic>Crowdsourcing</topic><topic>Data collection</topic><topic>Datasets</topic><topic>Economic theory</topic><topic>Electronic commerce</topic><topic>Markups</topic><topic>Price changes</topic><topic>Price levels</topic><topic>Prices</topic><topic>Retail prices</topic><topic>Retail stores</topic><topic>Shorter Papers</topic><topic>Studies</topic><topic>Web sites</topic><topic>Websites</topic><topic>ZIP codes</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Cavallo, Alberto</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>Health & Medical Collection</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Medical Database (Alumni Edition)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ProQuest Health & Medical Complete (Alumni)</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Health & Medical Collection (Alumni Edition)</collection><collection>Healthcare Administration Database</collection><collection>Medical Database</collection><collection>Research Library</collection><collection>Social Science Database</collection><collection>Research Library (Corporate)</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><jtitle>The American economic review</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Cavallo, Alberto</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers</atitle><jtitle>The American economic review</jtitle><date>2017-01-01</date><risdate>2017</risdate><volume>107</volume><issue>1</issue><spage>283</spage><epage>303</epage><pages>283-303</pages><issn>0002-8282</issn><eissn>1944-7981</eissn><coden>AENRAA</coden><abstract>Online prices are increasingly used for measurement and research applications, yet little is known about their relation to prices collected offline, where most retail transactions take place. I conduct the first large-scale comparison of prices simultaneously collected from the websites and physical stores of 56 large multi-channel retailers in 10 countries. I find that price levels are identical about 72 percent of the time. Price changes are not synchronized but have similar frequencies and average sizes. These results have implications for national statistical offices, researchers using online data, and anyone interested in the effect of the Internet on retail prices.</abstract><cop>Nashville</cop><pub>American Economic Association</pub><doi>10.1257/aer.20160542</doi><tpages>21</tpages><oa>free_for_read</oa></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0002-8282 |
| ispartof | The American economic review, 2017-01, Vol.107 (1), p.283-303 |
| issn | 0002-8282 1944-7981 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_1866651064 |
| source | Jstor Complete Legacy; Business Source Complete; American Economic Association Web |
| subjects | Analysis Bar codes Crowdsourcing Data collection Datasets Economic theory Electronic commerce Markups Price changes Price levels Prices Retail prices Retail stores Shorter Papers Studies Web sites Websites ZIP codes |
| title | Are Online and Offline Prices Similar? Evidence from Large Multi-Channel Retailers |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-13T17%3A56%3A11IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Are%20Online%20and%20Offline%20Prices%20Similar?%20Evidence%20from%20Large%20Multi-Channel%20Retailers&rft.jtitle=The%20American%20economic%20review&rft.au=Cavallo,%20Alberto&rft.date=2017-01-01&rft.volume=107&rft.issue=1&rft.spage=283&rft.epage=303&rft.pages=283-303&rft.issn=0002-8282&rft.eissn=1944-7981&rft.coden=AENRAA&rft_id=info:doi/10.1257/aer.20160542&rft_dat=%3Cjstor_proqu%3E24911329%3C/jstor_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1852983592&rft_id=info:pmid/&rft_jstor_id=24911329&rfr_iscdi=true |