Equilibrium Price Dispersion Kenneth Burdett; Kenneth L. Judd Econometrica, Vol. 51, No. 4. (Jul., 1983), pp. 955-970. Stable URL: http://links.jstor.org/sici?sici=0012-9682%28198307%2951%3A4%3C955%3AEPD%3E2.0.CO%3B2-J Econometrica is currently published by The Econometric Society.

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http://www.jstor.org Fri Dec 15 20:09:40 2006

Equilibrium Price Dispersion

Dec 15, 2006 - for an equilibrium to involve price dispersion, i.e., the state where some firms ... ered: nonsequential search and what we call noisy sequential search. ...... 54, Center for Mathematical Studies in Economics and Management ...

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