Ordered search and equilibrium obfuscation
This paper demonstrates the incentives for an oligopolist to obfuscate by deliberately increasing the cost with which consumers can locate its product and price. Consumers are allowed to choose the optimal order in which to search firms and firms are able to influence this order through their choice...
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| Format: | Default Article |
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2010
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| Online Access: | https://hdl.handle.net/2134/15286 |
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