Limited Memory Consumers and Price Dispersion

B-Tier
Journal: Review of Industrial Organization
Year: 2015
Volume: 46
Issue: 4
Pages: 349-357

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We examine the effects of limited consumer memory on the pricing strategies of competing firms. We show that when the valuations of consumers are heterogeneous, it is possible to observe price dispersion even when each firm charges a single price. Copyright Springer Science+Business Media New York 2015

Technical Details

RePEc Handle
repec:kap:revind:v:46:y:2015:i:4:p:349-357
Journal Field
Industrial Organization
Author Count
1
Added to Database
2026-01-25