Technical appendix to cost reduction and consumer search

• Autores: Pedro Pereira
• Localización: Documentos de Trabajo (ICAE), ISSN-e 2341-2356, Nº. 14, 1998, págs. 1-15
• Idioma: inglés
• Enlaces
  • Texto completo (pdf)
• Resumen

  • This text is a self-contained formal exposition of the dynamic model discussed in Pereira (98). I develop the model in section 2 and in section 3 I characterize equilibrium. In section 4 I do comparative statics.