Indeterminacy and directed search

The directed search approach assumes each seller posts a fixed price and, ex post, randomly allocates the good should more than one buyer desire the good. This paper assumes sellers can post prices which are contingent on ex post realized demand; e.g. an advertisement might state the Bertrand price...

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Bibliographic details

Volume:	111
Main Author:	Coles, Melvyn G Eeckhout, Jan
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	SAN DIEGO Elsevier Inc 2003 ACADEMIC PRESS INC ELSEVIER SCIENCE Elsevier Elsevier B.V
published in:	Journal of economic theory Vol. 111; no. 2; pp. 265 - 276
ORCID:	0000-0001-6509-4296
Data of publication:	2003
ISSN:	0022-0531 1095-7235
EISSN:	1095-7235
Discipline:	Economics
Series:	Journal of Economic Theory
Subjects:	Indeterminacy Directed search Economics Business & Economics Social Sciences Diophantine analysis Research Search theory Pricing United States D40 J64 Indeterminacy C78 Directed search SELLERS MARKET AUCTIONS COMPETITION GROWTH directed search indeterminacy
Online Access:	available in Bonn?
Database:	Social Sciences Citation Index Web of Knowledge Web of Science Web of Science - Social Sciences Citation Index - 2003 RePEc RePEc IDEAS CrossRef Academic OneFile (A&I only) Database information Databases - DBIS