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Search Market Models: A Survey

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  • Burdett, Kenneth

    (The University of Essex)

Abstract

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  • Burdett, Kenneth, 1989. "Search Market Models: A Survey," Working Paper Series 234, Research Institute of Industrial Economics.
  • Handle: RePEc:hhs:iuiwop:0234
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    File URL: https://www.ifn.se/wfiles/wp/wp234.pdf
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    References listed on IDEAS

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    1. Steven Salop & Joseph Stiglitz, 1977. "Bargains and Ripoffs: A Model of Monopolistically Competitive Price Dispersion," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 493-510.
    2. Salop, S & Stiglitz, J E, 1982. "The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents," American Economic Review, American Economic Association, vol. 72(5), pages 1121-1130, December.
    3. Axel, Bo, 1977. "Search Market Equilibrium," Scandinavian Journal of Economics, Wiley Blackwell, vol. 79(1), pages 20-40.
    4. Wilde, Louis L., 1977. "Labor market equilibrium under nonsequential search," Journal of Economic Theory, Elsevier, vol. 16(2), pages 373-393, December.
    5. 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.
    6. J. J. McCall, 1970. "Economics of Information and Job Search," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(1), pages 113-126.
    7. Dahlby, Bev & West, Douglas S, 1986. "Price Dispersion in an Automobile Insurance Market," Journal of Political Economy, University of Chicago Press, vol. 94(2), pages 418-438, April.
    8. Avishay Braverman, 1980. "Consumer Search and Alternative Market Equilibria," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(3), pages 487-502.
    9. Fisher, Franklin M., 1970. "Quasi-competitive price adjustment by individual firms: a preliminary paper," Journal of Economic Theory, Elsevier, vol. 2(2), pages 195-206, June.
    10. Reinganum, Jennifer F, 1979. "A Simple Model of Equilibrium Price Dispersion," Journal of Political Economy, University of Chicago Press, vol. 87(4), pages 851-858, August.
    11. Peter Diamond, 1987. "Consumer Differences and Prices in a Search Model," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 102(2), pages 429-436.
    12. Peter A. Diamond & Eric Maskin, 1979. "An Equilibrium Analysis of Search and Breach of Contract, I: Steady States," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 282-316, Spring.
    13. Wolinsky, Asher, 1987. "Matching, search, and bargaining," Journal of Economic Theory, Elsevier, vol. 42(2), pages 311-333, August.
    14. Albrecht, James W & Axell, Bo, 1984. "An Equilibrium Model of Search Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 824-840, October.
    15. R. Manning & P. B. Morgan, 1982. "Search and Consumer Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 49(2), pages 203-216.
    16. Rafael Rob, 1985. "Equilibrium Price Distributions," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(3), pages 487-504.
    17. Chaim Fershtman & Arthur Fishman, 1989. "Noisy Search and the Diamond Paradox," Discussion Papers 844, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    18. 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.
    19. Diamond, Peter A., 1971. "A model of price adjustment," Journal of Economic Theory, Elsevier, vol. 3(2), pages 156-168, June.
    20. Peter von zur Muehlen, 1980. "Monopolistic competition and sequential search," Journal of Economic Dynamics and Control, Elsevier, vol. 2(1), pages 257-281, May.
    21. James W. Albrecht & Bo Axell & Harald Lang, 1986. "General Equilibrium Wage and Price Distributions," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 687-706.
    22. Louis L. Wilde & Alan Schwartz, 1979. "Equilibrium Comparison Shopping," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 46(3), pages 543-553.
    23. Hahn, F H, 1970. "Some Adjustment Problems," Econometrica, Econometric Society, vol. 38(1), pages 1-17, January.
    24. Gerard R. Butters, 1977. "Equilibrium Distributions of Sales and Advertising Prices," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 44(3), pages 465-491.
    25. Fisher, Franklin M., 1973. "Stability and competitive equilibrium in two models of search and individual price adjustment," Journal of Economic Theory, Elsevier, vol. 6(5), pages 446-470, October.
    26. Burdett, Kenneth & Vishwanath, Tara, 1988. "Balanced Matching and Labor Market Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 96(5), pages 1048-1065, October.
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    Citations

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    Cited by:

    1. Andrew F. Daughety, 1992. "A Model Of Search And Shopping By Homogeneous Customers Without Price Precommitment By Firms," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 1(3), pages 455-473, September.
    2. Grosfeld-Nir, Abraham & Sarne, David & Spiegler, Israel, 2009. "Modeling the search for the least costly opportunity," European Journal of Operational Research, Elsevier, vol. 197(2), pages 667-674, September.
    3. Dale T. Mortensen & Tara Vishwanath, 1991. "Information Sources and Equilibrium Wage Outcomes," Discussion Papers 948, Northwestern University, Center for Mathematical Studies in Economics and Management Science.

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    More about this item

    Keywords

    Search markets; comparison of analyses;

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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