Renault, Régis - Université Paris-Dauphine (Paris IX) - 2014
tailored to the tastes of some particular group. Consumers search sequentially through ads incurring a surfing cost of moving …. The platform chooses which information is in an ad and may be observed by consumers before they click. It also selects the … level of sur ng costs and click costs and charges a per click ad price. Higher surfing and click costs and more mass market …