Non-reservation price equilibria and consumer search

DOI10.1016/J.JET.2017.08.003MaRDI QIDQ1676459zbMATH OpenOpenAlexFDO

Authors Maarten C. W. Janssen, Alexei Parakhonyak, Anastasia Parakhonyak

Publication date 7 November 2017

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

Copyright license Creative Commons Attribution 4.0 International

Full work available at URL https://doi.org/10.1016/j.jet.2017.08.003

zbMATH Keywords

asymmetric informationsequential searchconsumer learningnon-reservation price equilibria

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion
• Consumer search markets with costly revisits
• Learning in an Equilibrium Search Model
• Search with Learning from Prices: Does Increased Inflationary Uncertainty Lead to Higher Markups
• Signaling Games and Stable Equilibria
• Signaling quality through prices in an oligopoly
• Strategic stability and uniqueness in signaling games
• True Monopolistic Competition as a Result of Imperfect Information

Cited in

(8)

• (Quasi) uniqueness and restoring dynamics of price-dispersion market equilibria under search cost
• scientific article; zbMATH DE number 952997 (Why is no real title available?)
• Price controls, non-price quality competition, and the nonexistence of competitive equilibrium
• Finitely repeated search and the diamond paradox
• Consumer search markets with costly revisits
• Asymmetric equilibria in Stahl search model
• Rational buyers search when prices increase
• Disjoint Search for the Prices of Two Goods Consumed Jointly

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