Steady state price distributions in a noisy search equilibrium

DOI10.1006/JETH.1996.2189zbMATH Open0883.90025OpenAlexW2047321130MaRDI QIDQ1363523FDOQ1363523

Authors: Kenneth Burdett, Melvyn G. Coles 

Publication date: 10 August 1997

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1006/jeth.1996.2189

Recommendations

• Equilibrium Price Distributions
• Equilibrium price dispersion with sequential search
• Bargaining, Search Costs and Equilibrium Price Distributions
• Search, Price Setting and Inflation
• Consumer search and price competition

zbMATH Keywords

repeat purchasenoisy search

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Cited In (14)

• Co-evolution of firms and consumers and the implications for market dominance
• Dynamic competition with consumer inertia
• Sequentially mixed search and equilibrium price dispersion
• Price distributions and competition
• Consumer inertia, firm growth and industry dynamics.
• Inflation, price competition, and consumer search technology
• Muddling through: Noisy equilibrium selection
• Asymmetric equilibria in Stahl search model
• A simple model of price dispersion
• Equilibrium price dispersion with sequential search
• Price dynamics with customer markets
• Bargaining in small dynamic markets
• Equilibrium steady-state price distributions
• Equilibrium price dispersion with consumer inventories

This page was built for publication: Steady state price distributions in a noisy search equilibrium

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1363523)