Article ID Journal Published Year Pages File Type
5071956 Games and Economic Behavior 2013 10 Pages PDF
Abstract
► A model of price competition where consumers exogenously differ in the number of prices they compare. ► More search for uninformed consumers has a positive price externality to all consumers. ► More search for partially informed consumers has a negative price externality to low informed consumers: this is the informational divide.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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