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Insufficient Entry and Consumer Search
The B.E. Journal of Theoretical Economics, 2022Abstract This study considers a search market with an outside option and shows that entry may be insufficient. When a firm enters the search market, the price decreases, and consumers can search for more products, which increases the market demand and improves social welfare. However, firms do not internalize the effect, and insufficient
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Multi-Commodity Consumer Search
Journal of Economic Theory, 1999zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Consumer search and optimal information
The RAND Journal of Economics, 2018AbstractThis article studies an information design problem in a sequential consumer search environment. Consumers, whose valuation of firms' products is uncertain, observe a noisy signal about the valuation upon being matched with a firm. The goal is to characterize those signal structures that maximize consumer surplus.
Dogan, Mustafa, Hu, Ju
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Consumer Search: An Extended Framework
Journal of Consumer Research, 1986While consumer search behavior has been studied for many years, its treatment has been limited to purchase contexts. This article defines ongoing search as search occurring outside of the purchase process, and places it within an overall framework for consumer search. In addition, it presents results of an exploratory study of ongoing search indicating
Bloch, Peter H +2 more
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Beliefs and consumer search [PDF]
, 2015 When consumers search sequentially for prices and product matches, their beliefs of what they will encounter at the next rm are important in deciding whether or not to continue to search. In search environments where retailers have a common cost that is not known to consumers and is either the outcome of a random process or strategically set by an ...
Maarten Janssen, Sandro Shelegia
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Price matching guarantees and consumer search
International Journal of Industrial Organization, 2011Abstract This paper examines the effect of price matching guarantees (PMGs) on market outcomes in a sequential search model. PMGs are simultaneously chosen with prices and some consumers (shoppers) know the firms’ decisions before buying, while others (non-shoppers) enter a shop before observing the price and whether or not the firm has a PMG.
Maarten Janssen, Alexei Parakhonyak
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Price-directed consumer search
International Journal of Industrial Organization, 2018Abstract We extend Stahl’s (1989) model to a setting with differentiated products to study the effects of price-directed consumer search. Consumers engage in costly search to find out whether products meet their needs. Consumer search is directed by prices when they are observable before search, in contrast to the case in which prices are discovered ...
Yucheng Ding, Tianle Zhang
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Proceedings of the 2016 ACM Conference on Economics and Computation, 2016
A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay to quantify the returns, and thus implied costs, to consumer search on the internet.
Thomas Blake +2 more
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A growing body of empirical literature finds that consumers are relatively limited in how much they search over product characteristics. We assemble a dataset of search and purchase behavior from eBay to quantify the returns, and thus implied costs, to consumer search on the internet.
Thomas Blake +2 more
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Consumer credit search behaviour
Journal of Consumer Studies & Home Economics, 1992The study applies Stigler's economic model of information to the external search for a popular financial service — consumer credit — and seeks to explore factors associated with diverse consumer search behaviour. Logistic regression analysis was used.
YU‐CHUN REGINA CHANG, SHERMAN HANNA
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Consumer Research: In Search of Identity
Annual Review of Psychology, 2001▪ Abstract Although the consumer research field has made great progress over the past 30 years with respect to the scope, quality, and quantity of research, there are still significant disagreements about what consumer research is, what its objectives are, and how it should differ from related disciplines.
I, Simonson +4 more
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