cost in order to assess how well they match their needs. We propose a tractable model of price-directed sequential search …

Price comparison websites, where consumers can compare prices at a search cost that is close to zero, have become … increasingly common around the world. Using daily information on prices, click-throughs, and the number of retailers for a sample … the Swedish price comparison website PriceSpy on prices and price dispersion. We find that increased use by consumers …

in a tractable model of price-directed consumer search. We find that (i) firms' equilibrium pricing always induces …