%0 Report %A Pereira, Pedro %T Technical appendix to cost reduction and consumer search %J Documentos de Trabajo del Instituto Complutense de Análisis Económico (ICAE) %D 1998 %U https://hdl.handle.net/20.500.14352/64215 %X This text is a self-contained formal exposition of the dynamic model discussed in Pereira (98). I develop the model in section 2 and in section 3 I characterize equilibrium. In section 4 I do comparative statics. %~