hintahajonta
Hintahajonta, or price dispersion, is the phenomenon in which the prices of the same good or service vary across different sellers or markets, even when the product is identical in terms of quality. Price dispersion can occur within a single market and across channels, such as physical stores, online platforms, or regional outlets.
Several factors contribute to hintahajonta. Information frictions and search costs mean that buyers may not observe
Measurement of price dispersion typically uses statistics such as the standard deviation, interquartile range, or the
The concept is studied in microeconomic theory and industrial organization. Classic models of search and information