Kessner, Ekkehard; Polborn, Mattias K. - In: German Economic Review 1 (2000) 2, pp. 221-240
Economists have been concerned with price dispersion for apparently homogeneous goods for a long time. Many models have been developed which explain price dispersion by imperfect consumer information about prices in the market. There are few empirical tests of these models. Moreover, these tests...