Prominence and consumer search

This paper examines the implications of "prominence" in search markets. We model prominence by supposing that the prominent firm will be sampled first by all consumers. If there are no systematic quality differences among firms, we find that the prominent firm will charge a lower price t...

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Xehetasun bibliografikoak
Egile Nagusiak: Armstrong, M, Vickers, J, Zhou, J
Formatua: Working paper
Argitaratua: University of Oxford 2008