This essay surveys the literature on directed search and competitive search equilibrium,
covering theory and a variety of applications. These models share features with traditional …

This essay surveys the literature on directed/competitive search, covering theory and
applications in, eg, labor, housing and monetary economics. These models share features …

Behavior-based pricing (BBP) refers to the practice in which firms collect consumers'
purchase history data, recognize repeat and new consumers from the data, and offer them …

We present a framework to study directed consumer search. Firms sell products with two
attributes. One is readily observable, the other is observed only after visiting a firm. Search is …

This paper studies a directed search model where sellers have limited capacities, and
buyers cannot observe the varying number of advertisements each seller sends. In the …

This paper explores the relationship between market accessibility and various participants'
welfare in an intermediated directed-search market. For a general class of meeting …

This paper studies how selling constraints, which refer to the inability of firms to attend to all
the buyers who want to inspect their products, affect the equilibrium price and social welfare …

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 …

In practice, firms face a number of scarce innovation projects. They choose one towards
which to direct their effort, but do not coordinate these choices. This gives rise to …

Статья, адресуемая широкому кругу читателей, включая экономистов-исследователей,
а также преподающих и изучающих в вузах теорию отраслевых рынков, посвящена …