Moraga-Gonzalez, Jose Luis; Sandor, Zsolt; Wildenbeest, … - Department of Business Economics and Public Policy, … - 2010
This paper studies the identification of the costs of simultaneous search in a class of (portfolio) problems studied by Chade and Smith (2006). We show that aggregate data from a single market, or disaggregate data from a single market segment, do not provide sufficient information to identify...