利用价格分布估计搜索成本

Using price distributions to estimate search costs

RAND Journal of Economics · 2006
被引 346
人大 AFT50ABS 4

中文导读

展示如何仅用价格数据,利用标准搜索模型的均衡条件来估计搜索成本的分布,并分别针对序贯和非序贯搜索策略开发了估计方法。

Abstract

We show how the equilibrium restrictions implied by standard search models can be used to estimate search‐cost distributions using price data alone. We consider both sequential and non‐sequential search strategies, and develop estimation methodologies that exploit equilibrium restrictions to recover estimates of search‐cost heterogeneity that are theoretically consistent with the search models. We illustrate the method using online prices for several economics and statistics textbooks .

搜索成本价格分布序贯搜索非序贯搜索