no code implementations • 19 Feb 2024 • Pak Hung Au, Mark Whitmeyer
We study the ramifications of increased commitment power for information provision in an oligopolistic market with search frictions.
no code implementations • 26 Feb 2018 • Pak Hung Au, Mark Whitmeyer
We consider a model of oligopolistic competition in a market with search frictions, in which competing firms with products of unknown quality advertise how much information a consumer's visit will glean.
Probability Computer Science and Game Theory Theoretical Economics Economics
