We propose a new approach to simulate the likelihood of the sequential search model. By allowing search costs to be heterogeneous across consumers and products, we directly compute the joint ...
We propose a structural model of consumer sequential search under uncertainty about attribute levels of products. Our identification of the search model relies on exclusion restriction variables that ...
A search for data that compares each item in a list or each record in a file, one after the other. Contrast with direct search and indexed search. THIS DEFINITION IS FOR PERSONAL USE ONLY. All other ...
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