The essence of the distinction between convenience goods and shopping goods may lie in the gain resulting from price and quality comparisons relative to the searching costs. For convenience goods this ratio is low, but for shopping goods the probable gain is large enough to call forth more extensive searching. Specialty goods seem to overlap both of the other categories and are distinguished only by the limited size of the market demand for the goods.
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.