Inflation, price competition, and consumer search technology
In: Journal of economic dynamics & control, Band 32, Heft 12, S. 3780-3806
ISSN: 0165-1889
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In: Journal of economic dynamics & control, Band 32, Heft 12, S. 3780-3806
ISSN: 0165-1889
In: CESifo Working Paper No. 11032
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In: Materials and design, Band 222, S. 111016
ISSN: 1873-4197
In: Journal of economic dynamics & control, Band 108, S. 103724
ISSN: 0165-1889
In: CESifo Working Paper No. 7451
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In: Tinbergen Institute Discussion Paper 2019-002/VII
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Working paper
In: Tinbergen Institute Discussion Paper 17-091/VII
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In: CESifo Working Paper Series No. 6722
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In: The Rand journal of economics, Band 47, Heft 2, S. 273-292
ISSN: 1756-2171
This article offers a tractable model of (oligopolistic) competition in differentiated product markets characterized by individual demand uncertainty. The main result shows that, in equilibrium, firms offer advance purchase discounts and that these discounts are larger than in the monopolistic benchmark. Competition reduces welfare by increasing the fraction of consumers who purchase in advance, that is, without (full) knowledge of their preferences.
In: CESifo Working Paper Series No. 5245
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Working paper
In: Tinbergen Institute Discussion Paper 15-017/V
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In: CESifo Working Paper Series No. 4490
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In: Tinbergen Institute Discussion Paper 13-185/V
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Working paper
In: The economic journal: the journal of the Royal Economic Society, Band 120, Heft 547, S. 1125-1148
ISSN: 1468-0297
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