Equilibrium price dispersion with consumer inventories

DOI10.1006/JETH.2001.2890MaRDI QIDQ697853zbMATH OpenOpenAlexFDO

Authors Pilky Hong, R. Preston McAfee, Ashish Nayyar

Publication date 17 September 2002

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

Full work available at URL https://semanticscholar.org/paper/fba31790ea7a6fe938aee41444385e1b2901c33d

zbMATH Keywords

consumer searchgrocery storesinventoriesprice dispersionsales

Mathematics Subject Classification ID

Inventory, storage, reservoirs (90B05) Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)

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Cites work

• Cyclic Pricing by a Durable Goods Monopolist
• Durable Goods Monopoly with Entry of New Consumers
• Endogenous availability, cartels, and merger in an equilibrium price dispersion
• Equilibrium Distributions of Sales and Advertising Prices
• Informative Price Advertising in a Sequential Search Model
• Multiproduct equilibrium price dispersion
• The Durability of Information, Market Efficiency and the Size of Firms

Cited in

(10)

• Multiproduct equilibrium price dispersion
• Macro shocks cause equilibrium price dispersion
• On the influence of the price dependence of a goods consumption structure on the equilibrium of an economy
• Equilibrium Price Distributions
• Dynamic price dispersion in Bertrand-Edgeworth competition
• Asymmetric capacity constraints and equilibrium price dispersion
• STORABLE GOOD MARKET WITH INTERTEMPORAL COST VARIATIONS
• Randomized pricing of a storable good in the presence of consumer stockpiling
• Stockpiling and shortages
• An experimental study of price dispersion

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