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Since these are homogenous goods and anyone who can access one of the stores can as easily assess another I wonder how we might explain this price dispersion. I have not done a systematic study but it is my impression that it is not the case that there is an ordering of prices between stores which is the same for different books.

https://www.booktown.in/

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  • $\begingroup$ "anyone who can access one of the stores can as easily assess another I wonder how we might explain this price dispersion" How you considered that not everyone is savvy or wants to spend time searching for the lower price? There is academic literature in IO on 'search costs'. $\endgroup$
    – Giskard
    Commented Oct 13, 2023 at 11:08

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