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Can a shopping agent enforce the law of one price?

✍ Scribed by Sean M. Snaith


Publisher
Springer US
Year
2003
Tongue
English
Weight
109 KB
Volume
31
Category
Article
ISSN
0197-4254

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## Abstract This paper presents a theoretical argument that the relationship between price differences and per capita income differences across locations can be used as a cross‐sectional test for the law of one price. Since the relationship should be statistically insignificant or very weak in an i