Non-reservation price equilibria and consumer search
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Publication:1676459
DOI10.1016/j.jet.2017.08.003zbMath1414.91143OpenAlexW3125961639MaRDI QIDQ1676459
Maarten C. W. Janssen, Anastasia Parakhonyak, Alexei Parakhonyak
Publication date: 7 November 2017
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/j.jet.2017.08.003
Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)
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Rational buyers search when prices increase, (Quasi) uniqueness and restoring dynamics of price-dispersion market equilibria under search cost, Finitely repeated search and the diamond paradox
Cites Work
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- Strategic stability and uniqueness in signaling games
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- Search with Learning from Prices: Does Increased Inflationary Uncertainty Lead to Higher Markups
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