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Learning while shopping: an experimental investigation into the effect of learning on consumer search
In many search environments, searchers are learning about the distribution of offers in the market. I conduct an experiment exploring a broad class of search problems with learning about the distribution of payoffs. My results support the prediction that learning results in declining reservation val...
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Formato: | Online Artículo Texto |
Lenguaje: | English |
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Springer US
2020
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Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7281701/ https://www.ncbi.nlm.nih.gov/pubmed/32837258 http://dx.doi.org/10.1007/s10683-020-09659-7 |