Oligopolistic competition and search without priors
In this article, I examine a model of oligopolistic competition in which consumers search for prices but have no knowledge of the underlying price distribution. The consumers' behaviour satisfies four consistency requirements and, as a result, their beliefs about the underlying distribution max...
| Main Author: | |
|---|---|
| Format: | Journal article |
| Language: | English |
| Published: |
Oxford University Press
2014
|