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Collusive price can be lower than equilibrium price if there is search cost

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  • Bae, Hyung

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  • Bae, Hyung, 2003. "Collusive price can be lower than equilibrium price if there is search cost," Economics Letters, Elsevier, vol. 81(1), pages 143-146, October.
    • Handle: RePEc:eee:ecolet:v:81:y:2003:i:1:p:143-146
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    References listed on IDEAS

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    1. Burdett, Kenneth & Judd, Kenneth L, 1983. "Equilibrium Price Dispersion," Econometrica, Econometric Society, vol. 51(4), pages 955-969, July.
    2. Diamond, Peter A., 1971. "A model of price adjustment," Journal of Economic Theory, Elsevier, vol. 3(2), pages 156-168, June.
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