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- W2765699866 abstract "Rapid technological developments in online markets fundamentally change the relationship between consumers and sellers. Online platforms can now easily gather data about the consumer and his search behavior, that allow for price discrimination. Therefore the consumers’ product search becomes a strategic choice. Consumers face a trade-off: Search intensely and receive a better fit at a potentially higher price or restrict search behavior – be strategically inattentive – and receive a worse fit, but maybe a better deal. We study the resulting strategic buyer-seller interaction theoretically as well as experimentally. Our experimental results shed a critical light on the added value for consumers through the rise of online platforms." @default.
- W2765699866 created "2017-11-10" @default.
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- W2765699866 date "2017-01-01" @default.
- W2765699866 modified "2023-09-27" @default.
- W2765699866 title "Strategic Inattention in Product Search" @default.
- W2765699866 hasPublicationYear "2017" @default.
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