Search, common knowledge, and competition

DOI10.1016/J.JET.2005.02.010zbMATH Open1141.91399OpenAlexW1982711138MaRDI QIDQ854933FDOQ854933

Authors: Dmitri Kuksov 

Publication date: 7 December 2006

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

Full work available at URL: https://doi.org/10.1016/j.jet.2005.02.010

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zbMATH Keywords

uncertaintycommon knowledgesearch costs

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

Cites Work

• Global Games and Equilibrium Selection
• Equilibrium Price Dispersion
• Public information, private information, and the multiplicity of equilibria in coordination games.
• Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion
• Asset Prices and Trading Volume in a Beauty Contest
• Comparing the Robustness of Trading Systems to Higher-Order Uncertainty

Cited In (4)

• Search theory of imperfect competition with decreasing returns to scale
• Greater search cost reduces prices
• Price competition for an informed buyer
• Imperfect common knowledge and the information value of prices

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