搜索市场中的偏见

IF 2.1 2区 经济学 Q2 ECONOMICS
Tobias Gamp, Daniel Krähmer
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引用次数: 1

摘要

我们在Diamond(1971)的开创性框架中研究了有偏见的消费者信念对搜索市场结果的影响。有偏见的消费者将他们的搜索策略建立在一个信念函数上,该函数为市场上任何(真实的)公用事业报价分布指定了一个可能不正确的公用事业报价分配。如果有偏见的消费者高估了市场上的最佳报价,那么可能会出现一种新型的均衡,在这种均衡中,企业会做出异常优惠的报价,以满足有偏见的客户不合理的高期望,然后这种期望会部分实现。因此,有偏见的消费者的存在可以改善所有消费者的福利。(JEL D11,D21,D83,D84)
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Biased Beliefs in Search Markets
We study the implications of biased consumer beliefs for search market outcomes in the seminal framework due to Diamond (1971). Biased consumers base their search strategy on a belief function that specifies for any (true) distribution of utility offers in the market a possibly incorrect distribution of utility offers. If biased consumers overestimate the best offer in the market, a novel type of equilibrium may emerge in which firms make exceptionally favorable offers in order to meet biased consumers’ unreasonably high expectations, which then become partially self-fulfilling. Consequently, the presence of biased consumers may improve the welfare of all consumers. (JEL D11, D21, D83, D84)
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来源期刊
CiteScore
2.90
自引率
4.20%
发文量
86
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