Inflation, price competition, and consumer search technology

DOI10.1016/J.JEDC.2008.03.008MaRDI QIDQ2654426zbMATH OpenOpenAlexFDO

Authors Makoto S. Watanabe

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2008.03.008

zbMATH Keywords

(\(S, s\)) price adjustment policyconsumer search technologyexpected inflationprice competition

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
• Inflation and Costs of Price Adjustment
• Labor market equilibrium under nonsequential search
• On Endogenously Staggered Prices
• Optimal Search
• Search, Price Setting and Inflation
• Search, Sticky Prices, and Inflation
• Steady state price distributions in a noisy search equilibrium
• Sticky Prices: New Evidence from Retail Catalogs

Cited in

(11)

• Imperfectly competitive markets, trade unions and inflation: do imperfectly competitive markets transmit more inflation than perfectly competitive ones? A theoretical appraisal
• Relative price and inflation variability in a simple consumer search model
• Market power amplifies the price effects of demand shocks
• INFLATION REGIMES AND PRICE-SETTING INTERACTIONS
• Search, Price Setting and Inflation
• Search, Sticky Prices, and Inflation
• Search with Learning from Prices: Does Increased Inflationary Uncertainty Lead to Higher Markups
• Strategic Pricing, Consumer Search and the Number of Firms
• On market power and inflation
• A model of greedflation
• New product introduction with costly search

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