Blevins, Jason R.; Senney, Garrett T. - In: Quantitative economics : QE ; journal of the … 10 (2019) 3, pp. 891-929
This paper develops a dynamic model of consumer search that, despite placing very little structure on the dynamic problem faced by consumers, allows us to exploit intertemporal variation in price distributions to estimate the distribution from which consumer search costs are initially drawn. We...