On the Formal Theory of Inspection and Evaluation in Product Markets

DOI10.2307/1912183zbMath0507.90010OpenAlexW2044496638MaRDI QIDQ4745568

Louis L. Wilde

Publication date: 1980

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://resolver.caltech.edu/CaltechAUTHORS:20171026-133232604

zbMATH Keywords

evaluationpricelifetimeinspectionqualitycomparative staticspartial observabilityoptimal policysearch costsreservation priceproduct characteristics

Mathematics Subject Classification ID

Applications of mathematical programming (90C90) Microeconomic theory (price theory and economic markets) (91B24) Dynamic programming (90C39)

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