Consumer search and stock-out : a laboratory experiment

Yuta Kittaka, Ryo Mikami

We investigate the overall impact of stock-out on individual consumers' information search behavior through both search-theoretic and experimental approaches. As the probability of stock-out increases, search intensity decreases, while the expected number of searches may increase. Such increases in stock-out probability also deter consumers from participating in the market.

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Year of publication:	October 2020
Authors:	Kittaka, Yuta ; Mikami, Ryo
Publisher:	Osaka, Japan : The Institute of Social and Economic Research, Osaka University
Subject:	consumer search \| stock-out \| search experiment \| consumer behavior \| Experiment \| Konsumentenverhalten \| Consumer behaviour \| Suchtheorie \| Search theory \| Informationskosten \| Information costs

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Extent:	1 Online-Ressource (circa 50 Seiten) Illustrationen
Series:	Discussion paper / Institute of Social and Economic Research. - Osaka : [Verlag nicht ermittelbar], ISSN 2435-0982, ZDB-ID 2106942-6. - Vol. no. 1104
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
Other identifiers:	hdl:10419/234916 [Handle]
Classification:	C91 - Laboratory, Individual Behavior ; D11 - Consumer Economics: Theory ; D43 - Oligopoly and Other Forms of Market Imperfection ; D83 - Search, Learning, Information and Knowledge ; L13 - Oligopoly and Other Imperfect Markets
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012291229