Minimum prices in a model with search frictions and price posting

DOI10.1016/J.ECONLET.2015.07.025MaRDI QIDQ1663957zbMATH OpenOpenAlexFDO

Authors Xiaoming Cai

Publication date 24 August 2018

Published in Economics Letters (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.econlet.2015.07.025

zbMATH Keywords

minimum priceprice dispersionmass pointmaximum wage

Mathematics Subject Classification ID

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

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Cites work

• Equilibrium Distributions of Sales and Advertising Prices
• Equilibrium Price Dispersion
• Meeting technologies and optimal trading mechanisms in competitive search markets
• Sorting versus screening: search frictions and competing mechanisms

Cited in

(2)

• Revisiting multiplicity of bubble equilibria in a search model with posted prices
• Wage bargaining and minimum wages in a search-matching model

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