Arbeitspapier
Price competition and limited attention
The paper develops a model of price competition in presence of consumers with limited attention. Education and obfuscation marketing strategies are studied. It is shown that firms in highly competitive industries have incentives to obfuscate, but firms in low competitive industries have not.
- Language
-
Englisch
- Bibliographic citation
-
Series: Economics Discussion Papers ; No. 2017-89
- Classification
-
Wirtschaft
Consumer Economics: Theory
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
- Subject
-
bounded rationality
hotelling linear city model
consideration set
limited attention
unawareness
- Event
-
Geistige Schöpfung
- (who)
-
Karpov, Aleksandr
- Event
-
Veröffentlichung
- (who)
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Kiel Institute for the World Economy (IfW)
- (where)
-
Kiel
- (when)
-
2017
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Karpov, Aleksandr
- Kiel Institute for the World Economy (IfW)
Time of origin
- 2017
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Limited Consumer Attention in International Trade
Pricing when customers have limited attention
Limited attention and status quo bias
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Price competition and limited attention
Competition with limited attention to quality differences
Attention competition
Poverty and limited attention
Limited attention and choice
Targeted information and limited attention
Targeted information and limited attention
Pricing when customers have limited attention
Limited Consumer Attention in International Trade
Pricing when customers have limited attention
Limited attention and status quo bias