CORDIS Project
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This project aims to analyze how consumers search for products and how this affects market dynamics, particularly focusing on the costs associated with searching for differentiated products and the implications of stockpiling behavior on pricing. It seeks to enhance understanding of competition regulation and market eq…
The first scientific objective of the project consists on recovering the distribution of search costs and of the parameters describing market equilibrium when search for the best product is costly and products are differentiated both horizontally (attributes of the product are valued differently by each consumer) and vertically (consumers agree on the ranking of the attributes).
The second objective is to estimate long run cross price elasticities when consumers stockpile differentiated products…
UNIVERSIDAD POMPEU FABRA
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