Can prominence matter even in an almost frictionless market?
Source: JournalistsResource.orgFirms pay to compete for the top slot within search engines such as Google. The first result for a search for “toys,” for example, will show a paid placement followed by organic search results generated by an algorithm. How search results influence buying and price-shopping habits within the online ecosystem — and what ultimate benefit it has for businesses — is a matter of ongoing economic and marketing research.