Prominence and Consumer Search.

This article 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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Những tác giả chính: Armstrong, M, Vickers, J, Zhou, J
Định dạng: Journal article
Ngôn ngữ:English
Được phát hành: Blackwell Publishing 2009