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Baye Morgan Scholten (2006) - Information Search and Price Dispersion (view source)
Revision as of 20:45, 25 January 2010
, 20:45, 25 January 2010no edit summary
==Introduction==
Baye et al. (2006) provides a survey of models of search and clearing-house clearinghouse that exhibit price dispersion. The survey is undertaken through two specializable frameworks, one for search and one for cleaning-housescleaninghouses, which are then adapted to show the key results from the literature. There are a number of equivalent results across the two frameworks.
==Search Theoretic Models of Price Dispersion==
