Armstrong, Mark; Zhou, Jidong - Volkswirtschaftliche Fakultät, … - 2010
We consider a market in which firms can partially observe each consumer's search behavior in the market. In our main …. Likewise, if firms must charge the same price to all consumers, regardless of search history, we show that they sometimes have … the incentive to make exploding offers. We also consider other ways in which firms could use information about search …