Much has been written on the effects of the Internet on the relative bargaining power of consumers vis-à-vis that of corporations. The initial expectation was that the Internet would empower individual consumers by expanding the range of consumption choices and by reducing information or product search costs.
There were also predictions that the growth of new [...]
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Shopping for a car online - is it cheaper?
Posted in E-commerce, Game Theory, Internet Governance on March 28, 2003 | No Comments »
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