Electronic Commerce: Prices and Consumer Issues for Three Products: Books, Compact Discs and Software

Oecd

No 32, OECD Digital Economy Papers from OECD Publishing

Abstract: Rapid technological advances in information and communication technologies and their widespread diffusion have led some to speculate about "frictionless" economies where transaction costs are nearly zero, barriers to entry and contestability disappear and markets clear instantly.

Date: 1998-01-01
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