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Wednesday, November 11, 2020 | History

3 edition of Searching for the lowest price when the distribution of prices is unknown. found in the catalog.

Searching for the lowest price when the distribution of prices is unknown.

Rothschild, Michael

Searching for the lowest price when the distribution of prices is unknown.

  • 225 Want to read
  • 3 Currently reading

Published by Princeton University] in [Princeton, N.J .
Written in English

    Subjects:
  • Consumption (Economics) -- Mathematical models.,
  • Prices -- Mathematical models.

  • Edition Notes

    Bibliography: leaves 37-38.

    Classifications
    LC ClassificationsHB801 .R69
    The Physical Object
    Pagination38 l.
    Number of Pages38
    ID Numbers
    Open LibraryOL4175136M
    LC Control Number80452656

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Searching for the lowest price when the distribution of prices is unknown. by Rothschild, Michael Download PDF EPUB FB2

A nn,/.c of Etoon,t und Soc,0/ thu iurenune 3 I, SEARCHING FOR THE LOWEST PRICE WHEN TUE DISTRIBUTION OF PRICES IS UNKNOWN: A SUMMARY HY MICHAEL RoTuscIIIEo. 25 M. Rothschild, Searching for the lowest price when the distribution of prices is unknown, Journal of Political Economy 82 (), To set up the analysis of the title, this paper begins with a brief discussion of optimal search behavior when searching from a known by: Michael Rothschild, "Searching for the Lowest Price When the Distribution of Prices Is Unknown: A Summary," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 1, pagesNational Bureau of Economic Research, Inc.

Handle: RePEc:nbr:nberch Rothschild, Michael, "Searching for the Lowest Price When the Distribution of Prices Is Unknown," Journal of Political Economy, University of Chicago Press, vol. This chapter describes the process of searching for the lowest price when the distribution of prices is unknown.

Economists are interested in the rules that searchers follow because these rules determine the demand functions that sellers in such markets face and also.

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