The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced,...

This paper investigates the effects of a low bound price. To do so, a popular and empirically proven model (Stahl (89') [11]) is used. The model is extended to include an exogenously given bound on prices sellers can offer, excluding prices below such bound. The finding are rather surprising -...

The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced,...

The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced,...

The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced,...

Search models are used in a variety of fields. One of those is consumer search and in it the Stahl model is one of the most popular search models. The literature in search models concentrates mainly on equilibria with a consumer reserve price. This is a simplifying condition, which narrows down...

This paper investigates the effects of a low bound price. To do so, a popular and empirically proven model (Stahl (89') [11]) is used. The model is extended to include an exogenously given bound on prices sellers can offer, excluding prices below such bound. The finding are rather surprising -...

The Stahl model is one of the most applied consumer search models, with many applications and an empirical background. The present paper explores an extension where sellers have asymmetries, which is mostly excluded by the literature. Sellers with heterogeneous numbers of stores are introduced,...

We study the class of congestion games for which the set of Nash equilibrium is equivalent to the set of strategy profiles played by greedy myopic players. We show these two coincide iff such games are played over extension-parallel graphs.

This paper investigates the effects of a low bound price. To do so, a popular and empirically proven model (Stahl (89') [11]) is used. The model is extended to include an exogenously given bound on prices sellers can offer, excluding prices below such bound. The finding are rather surprising -...