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Title:Expected-utility-maximizing price search with learning / BEBR No. 546
Author(s):Harstad, Ronald Morris; Postlewaite, A.
Contributor(s):University of Illinois at Urbana-Champaign. College of Commerce and Business Administration
Subject(s):Prices -- Mathematical models.
Consumers -- Mathematical models.
Issue Date:Feb 14 197
Publisher:[Urbana, Ill.] : College of Commerce and Business Administration, University of Illinois at Urbana-Champaign,
Series/Report:Faculty working papers ; no. 546
Description:Includes bibliographical references (p. [16]).
"We consider a model of search when the distribution of prices (wages) is unknown. The effect of changing the objective function from minimizing expected costs to maximizing expected utility is examined."
Rights Information:In copyright. Digitized with permission of the University of Illinois Board of Trustees. Contact for information.
Copyright Feb 14 1979 Board of Trustees University of Illinois.
Date Available in IDEALS:2011-09-15
Has Version(s):
Identifier in Online Catalog:330876
OCLC Identifier:(OCoLC)ocm05235852

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