Quantifying search and switching costs in the US auto insurance industry.
I estimate demand for auto insurance in the presence of two types of market frictions: search and switching costs. I develop an integrated utility-maximizing model in which consumers decide over which and how many companies to search and from which company to purchase. My modelling approach rational...
| Publicado en: | RAND Journal of Economics (Wiley-Blackwell) Vol. 45; no. 4; pp. 847 - 885 |
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| Formato: | Artículo |
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Wiley-Blackwell
Winter2014
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| Acceso en línea: | Ver este registro en EBSCOhost |