Showing 1 - 10 of 40
This paper builds a consumer search model where the cost of going back to stores already searched is explicitly taken into account. We show that the optimal search rule under costly recall is very different from the optimal search rule under perfect recall. Under costly recall, the optimal...
Persistent link: https://www.econbiz.de/10011373816
Persistent link: https://www.econbiz.de/10003872460
Persistent link: https://www.econbiz.de/10003645046
Persistent link: https://www.econbiz.de/10003645052
Persistent link: https://www.econbiz.de/10003775978
Persistent link: https://www.econbiz.de/10002119605
Persistent link: https://www.econbiz.de/10003989865
Persistent link: https://www.econbiz.de/10003609572
We present a structural framework for the evaluation of public policies intended to increase job search intensity. Most of the literature defines search intensity as a scalar that influences the arrival rate of job offers; here we treat it as the number of job applications that workers send out....
Persistent link: https://www.econbiz.de/10011372979
We study mergers in a market where N firms sell a homogeneous good and consumers search sequentially to discover prices. The main motivation for such an analysis is that mergers generally affect market prices and thereby, in a search environment, the search behavior of consumers. Endogenous...
Persistent link: https://www.econbiz.de/10011372993