options, and there is less incentive to search. We also discuss a behavioral model where the propensity to buy increases when …

search sequentially for satisfactory deals. In the pre-merger symmetric equilibrium, consumers visit firmsrandomly. However … non-merging stores, and only when they do not find a satisfactory product there they visit the merging firms. As search … products of the constituent firms, which generates sizable search economies. We show that such demand-side economies can confer …

demand with optimal consumer search. Consumers first choose which products to search; then, once they learn the utility they … characteristics but also from variation in the costs of searching them. We apply the model to the automobile industry. Our search cost … estimate is highly significant and indicates that consumers conduct a limited amount of search. Estimates of own- and cross …

We construct a multi-sector search and matching model where the unemployed receives idiosyncratic productivity shocks … that make working in certain sectors more productive than in the others. Agents must decide which sector to search in and … additional risk: low future wages if mobility costs preclude search in the appropriate sector. This introduces a new role for …

With the evolution of the Web and development of web-based search engines, online searching has become a common method … for obtaining information. Given this popularity, the question arises as to how much time people save by using search … engines for their information needs compared to offline sources, as well as how online searching affects both search …

We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity …