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Tekijä: | Rupert, J. Gatti, J. |
Otsikko: | Multi-commodity consumer search |
Lehti: | Journal of Economic Theory
1999 : JUN, VOL. 86:2, p. 219-244 |
Asiasana: | ECONOMICS CONSUMERS COMMODITIES |
Kieli: | eng |
Tiivistelmä: | This study analyses the optimal seach strategy for consumers wishing to purchase several different commodities from different firms, but are not perfectly informed about the prices charged by each company for every commodity. In general the optimal search strategy will not possess the reservation property, the multi-commodity equivalent of a reservation price. |
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