English, Article, Journal or magazine article edition: Multi Product Market Equilibrium with Sequential Search Pedro Cosme Costa Vieira

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Bookmark: http://trove.nla.gov.au/version/182485
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Multi Product Market Equilibrium with Sequential Search
Author
  • Pedro Cosme Costa Vieira
Physical Description
  • preprint
Notes
  • In this paper I investigate whether, in market equilibrium, one observes price dispersion and search when buyers intend to acquire several products whose price is unknown and exists a positive search cost. Although that seems fruitful, I prove that in market equilibrium it is not observed neither price dispersion nor search and shops act as if they where monopolists. Nevertheless, there is one property of the theory that is in accordance with empirical data, namely the continuous increase in the number and dimension of larger shops.
  • Search, Price Dispersion, Market Equilibrium, Multi-products
  • RePEc:por:fepwps:166
Language
  • English
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