Researcher ORCID Identifier
0009-0004-1647-9893
Graduation Year
2024
Date of Submission
4-2021
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Ben Gillen
Terms of Use & License Information
Abstract
This thesis delves into the changing modern impacts of e-commerce investments on market dynamics, with a particular focus on top U.S. retailers. Using an event study methodology, the analysis examines previous research conclusions constructed primarily during the dot-com bubble. The events are sourced from two time periods: 2017 to 2019 and 2022 to 2024. Results show that e-commerce investments during both of these periods had a less-than-significant but overall negative market effect. This is contrary to past literature and begs further investigation into the retail e-commerce industry. Finally, the paper concludes that the tale of e-commerce is cautionary for other premature technological advancements, where market speculation can overstate progress that may take years to fully develop and integrate
Recommended Citation
Carfaro, Stephen Caleb, "Reassessing E-Commerce Investments: Implications for Market Dynamics in Top U.S. Retailers" (2024). CMC Senior Theses. 3595.
https://scholarship.claremont.edu/cmc_theses/3595
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.