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ASME Press Select Proceedings

International Conference on Information Technology and Management Engineering (ITME 2011)

Editor
W. B. Hu
W. B. Hu
Wuhan University
,
China
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W. X. Wang
W. X. Wang
Royal Institute of Technology
,
Sweden
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ISBN:
9780791859827
No. of Pages:
500
Publisher:
ASME Press
Publication date:
2011

What about the welfare effect of E-commerce? We set up a basic model to declare that the appearance of e-commerce tell the difference price to different groups so that total consumer surplus and social welfare increase. In addition, the traditional seller may benefit from it if the young is not large enough.

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