Price Competition Under Limited Comparability

DOI10.1093/qje/qjr053zbMath1400.91199OpenAlexW2109433658MaRDI QIDQ4962965

Michele Piccione, Ran Spiegler

Publication date: 6 November 2018

Published in: The Quarterly Journal of Economics (Search for Journal in Brave)

Full work available at URL: http://ageconsearch.umn.edu/record/275750

zbMATH Keywords

price competitionmarket competitionprice format

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

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Competitive search obfuscation ⋮ A model of state aggregation ⋮ Choice by iterative search ⋮ Buridanic competition ⋮ Selling to consumers who cannot detect small differences ⋮ Boundedly rational search with positive search costs ⋮ Invariant equilibria and classes of equivalent games ⋮ An asymmetric duopoly model of price framing ⋮ `What is important is seldom urgent and what is urgent is seldom important': a study of the strategic implications of the urgency effect in a competitive setting

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