Active search in the Diamond search model

Research output: Contribution to journalArticlepeer-review

Abstract

It is shown that introducing both consumer and firm heterogeneity into Diamond's original search model leads to both price dispersion and active consumer search in equilibrium.

Original languageEnglish
Pages (from-to)2127-2132
Number of pages6
JournalEconomics Bulletin
Volume41
Issue number3
StatePublished - 2021
Externally publishedYes

Fingerprint

Dive into the research topics of 'Active search in the Diamond search model'. Together they form a unique fingerprint.

Cite this