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Equilibrium Price Dispersion Across and Within Stores

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NBER2015-08-01 更新2025-01-04 收录
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We develop a search-theoretic model of the product market that generates price dispersion across and within stores. Buyers differ with respect to their ability to shop around, both at different stores and at different times. The fact that some buyers can shop from only one seller while others can

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2015-08-01
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