By incorporating the additional existence of switching costs into an oligopoly search model by Stahl (1989), this paper dispels the misleading idea that search costs can simply be treated as a form of switching cost. Due to the assumption that search costs, unlike switching costs, are incurred...

Republican Dan Canan, Mayor of Muncie, Indiana, delivered his 2005 State of the City address. Topics of discussion included a tax for those who work in Muncie, Indiana but do not live in Muncie, Indiana, a local sales tax on goods purchased in Muncie, Indiana, and possible tuition increases at...

This paper uses a natural field experiment to better understand why individuals tend to select items at the top of lists. After randomizing the order in which new economics research papers are presented in email alerts and measuring the subsequent downloads, we provide robust evidence of...