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Online fee Rameesh
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• Summarize results of price and price dispersion
  comparisons between online and brick-and-mortar
  sellers, and between Dotcoms and MCRs,
  respectively.
• The literature has documented persistent price
  dispersion. Here, I identify a number of
  potential explanations for observed comparative
  pricing patterns.
• Due to the nature of online transactions,
  consumers have to submit the payment before
  receiving an order.