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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9553 |
DP9553 Competing for Consumer Inattention | |
Kfir Eliaz; Geoffroy de Clippel; Kareen Rozen | |
发表日期 | 2013-07-14 |
出版年 | 2013 |
语种 | 英语 |
摘要 | Consumers purchase multiple types of goods and services, but may be able to examine only a limited number of markets for the best price. We propose a simple model which captures these features, conveying some new insights. A firm's price can deflect or draw attention to its market, and consequently, limited attention introduces a new dimension of competition across markets. We fully characterize the resulting equilibrium, and show that the presence of partially attentive consumers improves consumer welfare as a whole. When consumers are less attentive, they are more likely to miss the best offer in each market; but the enhanced cross-market competition decreases average price paid, as leading firms try to stay under the consumers' radar. |
主题 | Industrial Organization |
关键词 | Limited attention |
URL | https://cepr.org/publications/dp9553 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538389 |
推荐引用方式 GB/T 7714 | Kfir Eliaz,Geoffroy de Clippel,Kareen Rozen. DP9553 Competing for Consumer Inattention. 2013. |
条目包含的文件 | 条目无相关文件。 |
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