Multiproduct Search and the Joint Search Effect

This paper presents a sequential search model where consumers look for several products from multiproduct firms. Multiproduct search can significantly influence firms' pricing decisions. For example, it can make market prices decrease with search costs. Possible applications of the model are also discussed.

MoreLess

Year of publication:	2014
Authors:	Zhou, Jidong
Published in:	American Economic Review. - American Economic Association - AEA. - Vol. 104.2014, 9, p. 2918-39
Publisher:	American Economic Association - AEA

More details

Extent:	application/pdf application/zip
Type of publication:	Article
Notes:	DOI: 10.1257/aer.104.9.2918
Classification:	D11 - Consumer Economics: Theory ; D43 - Oligopoly and Other Forms of Market Imperfection ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010891232