Thursday, July 23, 2015

Prices, Product Differentiation, and Heterogeneous Search Costs

José L. Moraga-González (VU University Amsterdam, the Netherlands); Zsolt Sándor (Sapientia University, Rumania); and Matthijs R. Wildenbeest (Indiana University, United States) examine Prices, Product Differentiation, and Heterogeneous Search Costs. ABSTRACT: We study price formation in the standard model of consumer...

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