Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17165 |
DP17165 Demand in the Dark | |
jakub steiner; Colin Stewart; Pavel Kocourek | |
发表日期 | 2022-03-31 |
出版年 | 2022 |
语种 | 英语 |
摘要 | A growing body of evidence suggests that consumers are not fully informed about prices, contrary to a critical assumption of classical consumer theory. We analyze a model in which consumer types can vary in both their preferences and their information about prices. Given data on demand and the distribution of prices, we identify the set of possible values of the consumer surplus. Each surplus in this set can be rationalized with simple information structures and preferences. We also show how to narrow down the set of values using richer datasets and provide bounds on counterfactual demands at perfectly observed prices. |
主题 | Industrial Organization |
关键词 | Consumer surplus Price uncertainty Information design |
URL | https://cepr.org/publications/dp17165 |
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/546156 |
推荐引用方式 GB/T 7714 | jakub steiner,Colin Stewart,Pavel Kocourek. DP17165 Demand in the Dark. 2022. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。