Lippman, Steven; McCall, John - In: Estudios de Economia 20, 2 Year 1993, pp. 223-249
In this paper we trace the evolution of economic search theory and the concomitant accumulation of insights so as to elucidate is successes as well as its central location within the economics of information. The reason for the phenomenal success of search theory is twofold. First, Stigler’s...