Search with learning: understanding asymmetric price adjustments
By Huanxing Yang, Lixin Ye. 2008
162 citations recorded by the source corpus.
Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing
View Paper: https://www.semanticscholar.org/paper/19e3b885c11028212205f32d8b55fe85b62780bd
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Citations in the corpus
- Asymmetric Price Adjustment and Consumer Search: An Examination of the Retail Gasoline Market (2011, unknown): “9 Consumers are assumed to know the process with which costs evolve, and either observe past cost draws (Tappata, 2009) or learn them from past price observations (Yang and Ye, 2008).”
- Rockets and feathers: Understanding asymmetric pricing (2009, unknown): “5 The price dispersion in Yang and Ye (2008) consists of a two-point distribution that includes the monopoly price.”
- Consumer search and dynamic price dispersion: an application to gasoline markets (2011, background): “The model becomes more involved when the current production cost is unknown and consumers update their priors from information acquired from previous purchases (Yang and Ye, 2008 and Tappata, 2009).”