Clippel, Geoffroy de; Eliaz, Kfir; Rozen, Kareen - In: Journal of Political Economy 122 (2014) 6, pp. 1203-1203
Consumers purchase multiple types of goods but may be able to examine only a limited number of markets for the best price. We propose a simple model that captures these features, conveying new insights. A firm’s price can deflect or draw attention to its market, and consequently, limited...