Showing 1 - 10 of 320
Persistent link: https://www.econbiz.de/10010461871
Persistent link: https://www.econbiz.de/10012196740
Persistent link: https://www.econbiz.de/10011446196
Persistent link: https://www.econbiz.de/10009722700
We study price formation in the standard model of consumer search for differentiated products but allow for search cost heterogeneity. In doing so, we dispense with the usual assumption that all consumers search at least once in equilibrium. This allows us to analyze the manner in which prices...
Persistent link: https://www.econbiz.de/10010370656
that theory predicts an inversion when consumers are either risk or loss averse. In those cases, an increase in price …
Persistent link: https://www.econbiz.de/10011520488
-down" model of executive optimization. Others, like salience theory, assume a "bottom-up" influence where attention is driven by … aversion. We discuss the insights regarding the nature of attention and its role in economic theory. …
Persistent link: https://www.econbiz.de/10012510861
Persistent link: https://www.econbiz.de/10010191433
Persistent link: https://www.econbiz.de/10011294670
Persistent link: https://www.econbiz.de/10012697985