Multi Product Market Equilibrium with Sequential Search

作者: Pedro Cosme Costa Vieira

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摘要: In this paper I investigate whether, in market equilibrium, one observes price dispersion and search when buyers intend to acquire several products whose is unknown exists a positive cost. Although that seems fruitful, prove equilibrium it not observed neither nor shops act as if they where monopolists. Nevertheless, there property of the theory accordance with empirical data, namely continuous increase number dimension larger shops.

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