RT Report T1 Technical appendix to cost reduction and consumer search A1 Pereira, Pedro AB 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. PB Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) YR 1998 FD 1998 LK https://hdl.handle.net/20.500.14352/64215 UL https://hdl.handle.net/20.500.14352/64215 LA eng NO Bagwell, K. & Ramey, G. (1996): "Coordination Economies, Sequential Search and Advertising", U.C.S.D discussion paper, 96-04.DeGroot, M. (1970): "Optimal Statistical Decisions", MeGraw-Hill.Hey, J. (1979): "A Simple Generalized Stopping Rule", Economics Letters, 2, 115-20.Kreps, D. & Wilson, R. (1982): "Sequential Equilibria", Econometrica, 50,863-894.Morgan, P. & Manning, R. (1985): "Optimal Search", Econometrica, 53, 923-944.Pereira, P. (1998): "Cost Reduction and Consumer Search", Instituto Complutense de Análisis Económico, Documento de Trabajo, # 9805. DS Docta Complutense RD 6 may 2024