Pereira, Pedro2023-06-212023-06-211998https://hdl.handle.net/20.500.14352/64215This 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.engAtribución-NoComercial-CompartirIgual 3.0 Españahttps://creativecommons.org/licenses/by-nc-sa/3.0/es/Technical appendix to cost reduction and consumer searchtechnical reporthttp://www.ucm.es/icaeopen accessReducción de costesConsumidor.Contabilidad (Economía)5303 Contabilidad Económica