Changes
Jump to navigation
Jump to search
Baye Morgan Scholten (2006) - Information Search and Price Dispersion (view source)
Revision as of 04:44, 26 January 2010
, 04:44, 26 January 2010→Reinganum (1979) Revisited
<center><math>\left [ (p_j - m_j) q'(p_j) + q(p_j) \right ] </math></center><center><math>\left ( \frac{\mu}{1 - \lambda} \right ) = 0\,</math></center>
Which implies (given the consumer's demand function above):
