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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8668 |
来源ID | Working Paper 8668 |
Consumer Information and Price Discrimination: Does the Internet Affect the Pricing of New Cars to Women and Minorities? | |
Fiona Scott Morton; Florian Zettelmeyer; Jorge Silva-Risso | |
发表日期 | 2001-12-13 |
出版年 | 2001 |
语种 | 英语 |
摘要 | Mediating transactions through the Internet removes important cues that salespeople can use to assess a consumer's willingness to pay. We analyze whether dealers' difficulty in identifying consumer characteristics on the Internet and consumers' ease in finding information affects equilibrium prices in car retailing. Using a large dataset of transaction prices for new automobiles, the first part of the paper an- alyzes the relationship between car prices and demographics. We find that offline African-American and Hispanic consumers pay approximately 2% more than other consumers, however, we can explain 65% of this price premium with differences in income, education,a nd search costs; we find no evidence of statistical race discrimination. The second part of the paper turns to the role of the Internet. Online minority buyers who use the Internet Referral Service we study, Autobytel.com, pay nearly the same prices as do whites, irrespective of their income, education, and search costs. Since members of minority groups who use the Internet may not be representative, we control for selection. We conclude that the Internet is disproportionately beneficial to those who have personal characteristics that put them at a disadvantage in negotiating. African-American and Hispanic individuals, who are least likely to use the Internet, are the ones who benefit the most from it. |
主题 | Labor Economics ; Labor Discrimination ; Industrial Organization ; Market Structure and Firm Performance |
URL | https://www.nber.org/papers/w8668 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566275 |
推荐引用方式 GB/T 7714 | Fiona Scott Morton,Florian Zettelmeyer,Jorge Silva-Risso. Consumer Information and Price Discrimination: Does the Internet Affect the Pricing of New Cars to Women and Minorities?. 2001. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8668.pdf(519KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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