“…Although the evidence is scarce that mainly relates to the prices of search-goods, so far it points towards the idea that prices are higher within these particular hybrid environments. For instance, greater prices for hybrid merchants with physical shops have been noted by: Li, Tang, Huang, &Song, 2009, andXing (2001) in the DVD market; Pan, Ratchford, and Shankar (2002) for CDs, DVDs, computers, PDAs and consumer electronics; for apparel, gifts and flowers, health and beauty, home and garden, sports equipment, computer hardware, consumer electronics and office supplies; Cao and Gruca (2003) for the printer market; Ancarani and Shankar (2004) for books and CDs sold in Italy; Venkatesan, Mehta, and Bapna (2006) for books, camcorders, DVDs, DVD players, PDAs, printers, scanners and video games; and Kauffman et al (2009) considered up to 34 distinct goods categories (ranging from furniture to consumer electronics). More recently, Jeffers and Nault (2011) have shown through a game theory model that a hybrid distribution structure provides a way, for merchants of search goods, to raise prices.…”