Working Paper

Constrained fixed sample search

Roberto Bonilla, Francis Kiraly
CESifo, Munich, 2019

CESifo Working Paper No. 7646

We consider a version of the Stigler model of fixed sample price search, where consumer utility depends on whether or not at least one sampled price fulfils a pre-set target.

CESifo Category
Empirical and Theoretical Methods
Behavioural Economics
Keywords: fixed sample search, constrained search
JEL Classification: D830