4 papers
Truly Costly Search and Word-of-Mouth Communication
Atabek Atayev
In markets with search frictions, consumers can acquire information about goods either through costly search or from friends via word-of-mouth (WOM) communication. How do sellers'…
Information Acquisition and Diffusion in Markets
Atabek Atayev, Maarten Janssen
Consumers can acquire information through their own search efforts or through their social network. Information diffusion via word-of-mouth communication leads to some consumers fr…
Uncertain Product Availability in Search Markets
Atabek Atayev
In many markets buyers are poorly informed about which firms sell the product (product availability) and prices, and therefore have to spend time to obtain this information. In con…
Nonlinear Prices, Homogeneous Goods, Search
Atabek Atayev
We analyze competition on nonlinear prices in homogeneous goods markets with consumer search. In equilibrium firms offer two-part tariffs consisting of a linear price and lump-sum…