Title of article :
Price distribution in a random matching model
Author/Authors :
Klaus Kultti، نويسنده , , Juha Virrankoski، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2004
Abstract :
We derive a price distribution for a homogeneous good in a symmetric economy where sellers are in locations and choose prices, and buyers choose locations randomly. The equilibrium strategy of the sellers is a non-atomic distribution
Keywords :
Price distribution , Search
Journal title :
Economics Letters
Journal title :
Economics Letters