Evolutionary Dynamics of Price Dispersion with Market-Dependent Costs
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DOI: 10.1007/s10614-017-9770-9
Abstract: The theoretical literature in economics has established causality from cost dispersion to price dispersion in a market for a homogeneous good in which buyers face search cost. In that literature, it is generally assumed that… read more here.
Keywords: dispersion; dispersion market; price; price dispersion ... See more keywords