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