| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w22038 |
| 来源ID | Working Paper 22038 |
| Discounts and Deadlines in Consumer Search | |
| Dominic Coey; Bradley Larsen; Brennan Platt | |
| 发表日期 | 2016-02-29 |
| 出版年 | 2016 |
| 语种 | 英语 |
| 摘要 | We present a new equilibrium search model where consumers initially search among discount opportunities, but are willing to pay more as a deadline approaches, eventually turning to full-price sellers. The model predicts equilibrium price dispersion and rationalizes discount and full-price sellers coexisting without relying on ex-ante heterogeneity. We apply the model to online retail sales via auctions and posted prices, where failed attempts to purchase a good reveal consumers' reservation prices. We find robust evidence supporting the theory, and demonstrate that ignoring buyer deadlines can distort estimates of market welfare, consumer demand, and underlying causes of market shifts. |
| 主题 | Microeconomics ; Game Theory ; Market Structure and Distribution ; Economics of Information |
| URL | https://www.nber.org/papers/w22038 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579711 |
| 推荐引用方式 GB/T 7714 | Dominic Coey,Bradley Larsen,Brennan Platt. Discounts and Deadlines in Consumer Search. 2016. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w22038.pdf（765KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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