Arbeitspapier
Search costs in concentrated markets: An experimental analysis
This paper experimentally studies the role of search cost in duopoly markets where sellers may be able to coordinate pricing decisions. We vary the level of search cost and whether sellers can communicate. While we find that consumers are more likely to invest in search when cost is reduced, we find that a reduction of search cost does not influence prices. This effect is not influenced by the availability of seller communication. Our results suggest that policy interventions that aim to increase the competitiveness of markets via reducing search cost may not be effective in concentrated markets.
- ISBN
-
978-3-86304-232-5
- Sprache
-
Englisch
- Erschienen in
-
Series: DICE Discussion Paper ; No. 233
- Klassifikation
-
Wirtschaft
Regulated Industries and Administrative Law
Oligopoly and Other Imperfect Markets
Economics of Regulation
- Thema
-
Search
Collusion
Regulation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Möllers, Claudia
Stühmeier, Torben
Wenzel, Tobias
- Ereignis
-
Veröffentlichung
- (wer)
-
Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
- (wo)
-
Düsseldorf
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Möllers, Claudia
- Stühmeier, Torben
- Wenzel, Tobias
- Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE)
Entstanden
- 2016
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