Zhou, Jidong - Volkswirtschaftliche Fakultät, … - 2011
This paper presents a sequential search model where consumers look for several products among competitive multiproduct … �rms. In a multiproduct search mar- ket, both consumer behavior and �rm behavior exhibit di¤erent features from the single … search costs and increase with the number of �rms. The framework is then extended in two directions. First, by introducing …