Is IT Enough? Evidence from a Natural Experiment ’s …
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To identify the effect of information on price dispersion, we exploit a natural experiment where bulk text messages were banned unexpectedly across for 12 days in 2010. We find that besides reducing geographic price dispersion, RML also increases the rate at which prices converge across over time. We discuss the implications of this …
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Originally posted 2024-02-09 20:33:43.