Cover Image
QR Code

Consumer search and optimal information.

This article studies an information design problem in a sequential consumer search environment. Consumers, whose valuation of firms' products is uncertain, observe a noisy signal about the valuation upon being matched with a firm. The goal is to characterize those signal structures that maximize con...

Full description

Published in:RAND Journal of Economics (Wiley-Blackwell) Vol. 53; no. 2; pp. 386 - 404
Main Authors: Dogan, Mustafa, Hu, Ju
Format: Article
Published: Wiley-Blackwell Jun2022
Subjects:
Information design
Statics
Valuation
Consumers' surplus
Online Access:View this record in EBSCOhost

Internet

View this record in EBSCOhost