Price Differences in Almost Competitive Markets

DOI10.2307/1883191MaRDI QIDQ3050078zbMATH OpenOpenAlexFDO

Authors David A. Wise, John W. Pratt, Richard J. Zeckhauser

Publication date 1979

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

Full work available at URL https://doi.org/10.2307/1883191

zbMATH Keywords

almost competitive marketsprice differencesprice theoryproblem of search

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Trade models (91B60)

Cited in

(12)

• Optimal adaptive price search
• The theory of search for several goods
• Oligopolistic price competition with a continuous demand
• Dynamic pricing of a web service in an advance selling environment
• Optimal two-stage pricing strategies from the seller's perspective under the uncertainty of buyer's decisions
• Existence and uniqueness of price equilibrium in oligopoly model with power demand
• The unique equilibrium in a model of sales with costly advertising
• Optimal product design: implications for competition and growth under declining search frictions
• Ambiguity aversion in multi-armed bandit problems
• Price competing firms
• Equilibrium price dispersion with sequential search
• Price distributions and competition

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