Nonstandard foundations of equilibrium search models.

We develop an equilibrium sequential search model which includes most of the literature as special cases. In particular, the model can accommodate heterogeneity in buyers' search costs and demand functions and firms' cost functions, with general demand and cost functions. We identify conditions whic...

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Detalles Bibliográficos
Publicado en:Journal of Economic Theory Vol. 132; no. 1; pp. 518 - 530
Autor principal: Rauh, Michael T.
Formato: Artículo
Publicado: Academic Press Inc. January 2007
Materias:
Acceso en línea:Ver este registro en EBSCOhost