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微观workshop:Consumer Search and Price Competition
发布日期：2018-05-24 10:28 来源：大陆成人直播-成人直播中文
时间：2018年5月24日（周四）13:30-15:00
地点：北京大学万众楼小教室
主讲人：戴易凡（助理教授,上海交通大学）
主持人：汪浩、胡岠
题目：Consumer Search and Price Competition
（Co-author with Michael Choi and Kyungmin Kim)
摘要：We consider an oligopoly model in which consumers engage in sequential search based on partial product information and advertised prices. By applying Weitzman’s (1979) optimal sequential search solution, we derive a simple static condition that fully summarizes consumers’ shopping outcomes and translates the pricing game among the sellers into a familiar discrete-choice problem. Exploiting the discrete-choice reformulation, we provide sufficient conditions that guarantee the existence and uniqueness of market equilibrium and analyze the effects of preference diversity and search frictions on market prices. Among other things, we show that a reduction in search costs raises market prices.
主讲人简介：Dr. Anovia Yifan Dai received her Ph.D. in Economics from The University of Iowa. Prior to her doctoral study, she obtained her M.A. Economics from The University of Arizona and her B.A. in Economics with minor in Mathematics from The Shanghai Jiao Tong University. Her main research interests include Microeconomic Theory, Game Theory, Industrial Organization, Search Theory, Dynamic Games, Social Networks.
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-
大陆成人直播
-
微观workshop:Consumer Search and Price Competition
发布日期：2018-05-24 10:28 来源：大陆成人直播-成人直播中文
时间：2018年5月24日（周四）13:30-15:00
地点：北京大学万众楼小教室
主讲人：戴易凡（助理教授,上海交通大学）
主持人：汪浩、胡岠
题目：Consumer Search and Price Competition
（Co-author with Michael Choi and Kyungmin Kim)
摘要：We consider an oligopoly model in which consumers engage in sequential search based on partial product information and advertised prices. By applying Weitzman’s (1979) optimal sequential search solution, we derive a simple static condition that fully summarizes consumers’ shopping outcomes and translates the pricing game among the sellers into a familiar discrete-choice problem. Exploiting the discrete-choice reformulation, we provide sufficient conditions that guarantee the existence and uniqueness of market equilibrium and analyze the effects of preference diversity and search frictions on market prices. Among other things, we show that a reduction in search costs raises market prices.
主讲人简介：Dr. Anovia Yifan Dai received her Ph.D. in Economics from The University of Iowa. Prior to her doctoral study, she obtained her M.A. Economics from The University of Arizona and her B.A. in Economics with minor in Mathematics from The Shanghai Jiao Tong University. Her main research interests include Microeconomic Theory, Game Theory, Industrial Organization, Search Theory, Dynamic Games, Social Networks.
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