importantSYS.SOURCE: Marginal REVOLUTION• 2026-07-12T19:52:16Z

Empirical Rejection of Coase Conjecture in E-Book Market

#coase_conjecture #ebook_pricing #market_theory #empirical_analysis #pricing_strategies

A study tests the Coase Conjecture using e-book pricing data, finding that prices do not rapidly fall to marginal cost as predicted. The empirical results challenge the theoretical framework, suggesting alternative explanations like seller commitment or outside-options models.

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