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Don't be Ignorant: Price Dispersion is Not a Measure of Ignorance in the Market

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  • Mariano Tommasi

    (UCLA)

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  • Mariano Tommasi, 1993. "Don't be Ignorant: Price Dispersion is Not a Measure of Ignorance in the Market," UCLA Economics Working Papers 699, UCLA Department of Economics.
    • Handle: RePEc:cla:uclawp:699
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    File URL: http://www.econ.ucla.edu/workingpapers/wp699.pdf
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    References listed on IDEAS

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    1. Lach, Saul & Tsiddon, Daniel, 1992. "The Behavior of Prices and Inflation: An Empirical Analysis of Disaggregated Price Data," Journal of Political Economy, University of Chicago Press, vol. 100(2), pages 349-389, April.
    2. Van Hoomissen, Theresa, 1988. "Price Dispersion and Inflation: Evidence from Israel," Journal of Political Economy, University of Chicago Press, vol. 96(6), pages 1303-1314, December.
    3. Carlson, John A & McAfee, R Preston, 1983. "Discrete Equilibrium Price Dispersion," Journal of Political Economy, University of Chicago Press, vol. 91(3), pages 480-493, June.
    4. George J. Stigler, 1961. "The Economics of Information," Journal of Political Economy, University of Chicago Press, vol. 69(3), pages 213-213.
    5. Kyle Bagwell & Garey Ramey, 1992. "The Diamond Paradox: A Dynamic Resolution," Discussion Papers 1013, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    6. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    7. Marvel, Howard P, 1976. "The Economics of Information and Retail Gasoline Price Behavior: An Empirical Analysis," Journal of Political Economy, University of Chicago Press, vol. 84(5), pages 1033-1060, October.
    8. John W. Pratt & David A. Wise & Richard Zeckhauser, 1979. "Price Differences in almost Competitive Markets," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 93(2), pages 189-211.
    9. Mariano Tommasi, 1992. "Inflation and Relative Prices Evidence from Argentina," UCLA Economics Working Papers 661, UCLA Department of Economics.
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    Cited by:

    1. Barnes Juan Diego, 2023. "Dispersión de Precios y Dinámicas Intradistribución en Ambientes de Alta Inflación: Un Análisis Empírico," Asociación Argentina de Economía Política: Working Papers 4625, Asociación Argentina de Economía Política.
    2. Sean Ennis, 2006. "Competition and Price Dispersion in International Long-distance Calling," Journal of Regulatory Economics, Springer, vol. 29(3), pages 303-317, May.

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