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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/18930Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Janssen, Maarten C. W. | - |
| dc.creator | Moraga-González, José Luis | - |
| dc.creator | Wildenbeest, Matthijs R. | - |
| dc.date | 2004 | - |
| dc.date.accessioned | 2013-10-16T07:01:59Z | - |
| dc.date.available | 2013-10-16T07:01:59Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/18930 | - |
| dc.identifier | ppn:471199745 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/18930 | - |
| dc.description | This paper presents an empirical examination of oligopoly pricing and consumer search. The theoretical model allows for sequential and non-sequential search and, using the theoretical restrictions firm and consumer behavior impose on the data, we study the empirical validity of the models. Two equilibria arise: one with costless search and the other with costly search. We find that the costless search equilibrium works well for products with a relatively low value, and, by implication, a small number of sellers. By contrast, the costly search equilibrium explains the observed data in a manner that is consistent with the underlying theoretical model for almost all products (for 86 out of 87!). | - |
| dc.language | eng | - |
| dc.publisher | - | |
| dc.relation | CESifo working papers 1292 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | D83 | - |
| dc.subject | D40 | - |
| dc.subject | L13 | - |
| dc.subject | C13 | - |
| dc.subject | ddc:330 | - |
| dc.subject | consumer search | - |
| dc.subject | oligopoly | - |
| dc.subject | price dispersion | - |
| dc.subject | maximum likelihood estimation | - |
| dc.subject | Konsumentenverhalten | - |
| dc.subject | Informationskosten | - |
| dc.subject | Suchtheorie | - |
| dc.subject | Oligopol | - |
| dc.subject | Theorie | - |
| dc.title | Consumer search and oligopolistic pricing : an empirical investigation | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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