We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German … electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent … baseline rate while entrants decrease their tariffs if consumer search increases. Moreover, the incumbent price discriminates …

We investigate the impact of consumer search and competition on pricing strategies in Germany's electricity retail. We … utilize a unique panel dataset on spatially varying search requests at major online price comparison websites to construct a … direct measure of search intensity and combine this information with zip code level data on electricity tariffs between 2011 …

'agglomeration in a system of cities' in which both intra-city trade and inter-city trade are considered. Enriching both the … economic (i.e. intensity of trade) integration, the higher is the magnitude of the inefficiency. From a theoretical point of …

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …

Globalisation is associated with long periods of sustained economic growth and credit expansion, whereas major … recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply … driven by policy: rather, in a model of costly search, firms who are engaged in a searching process are very sensitive to …