Construct · 1 fields · 1 citations

frictionless commerce: a standalone construct

One name. One construct. A landmark on the map.

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frictionlesscommerce1 CONSTRUCTFrictionless commerceBRYNJOLFSSON · INFORMATION

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Information economics

the question of whether internet markets are more efficient than conventional ones, given that online prices are lower but still widely dispersed.

In information economics, frictionless commerce refers to the question of whether internet markets are more efficient than conventional ones, given that online prices are lower but still widely dispersed. This meaning comes from Brynjolfsson (2000) in Management Science.[1]

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information4 fields · 5 citationsjingle · one word, four constructsstill1 fields · 1 citationsanchor · a standalone construct

References

  1. Brynjolfsson, E., & Smith, M. D. (2000). Frictionless Commerce? A Comparison of Internet and Conventional Retailers. Management Science, 46(4), 563-585. https://doi.org/10.1287/mnsc.46.4.563.12061

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