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...

詳細記述

書誌詳細
主要な著者: Armstrong, M, Vickers, J, Zhou, J
フォーマット: Working paper
出版事項: University of Oxford 2008