Faias, Marta; Hervés-Estévez, Javier; Moreno-García, Emma - Volkswirtschaftliche Fakultät, … - 2014
We consider consumers with the same reservation price, who desire to buy at most one unit of a good. Firms compete only in prices but there are other features firms cannot control that would eventually lead an agent to buy in one firm or another. We introduce such uncertainty in a model of a...