Malakhov, Sergey - In: Expert journal of economics 6 (2018) 1, pp. 15-25
The analysis of the propensity to search under price dispersion discovers the identity of the optimal consumption-leisure … classical view on the optimal labor-leisure trade-off. The vigorous propensity to search creates the positive consumption-leisure … becomes the result of the vigorous propensity to search where consumption-leisure trade-off is positive and either consumption …