Consumer search with asymmetric price sampling

被引：3

作者：

Astorne-Figari, Carmen ^{[1
]}

Yankelevich, Aleksandr ^{[2
]}

机构：

[1] Univ Memphis, Dept Econ, Memphis, TN 38152 USA

[2] FCC, Washington, DC 20554 USA

来源：

ECONOMICS LETTERS | 2014年 / 122卷 / 02期

关键词：

Sequential consumer search; Oligopoly; Price dispersion; MODEL; EQUILIBRIUM; LOYALTY;

D O I：

10.1016/j.econlet.2013.12.019

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We explore asymmetries in the way consumers sample prices in a simple sequential search framework. In equilibrium, the price distribution of a firm catering to more local consumers first-order stochastically dominates that of its rival. Prices rise in the degree of asymmetry. Published by Elsevier B.V.

引用

收藏

页码：331 / 333

页数：3

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