1. We show, inductively, that if ? ? ? b , then there is no incentive to undercut by q > 1 steps. References James Albrecht, Fabien Postel-Vinay, and Susan Vroman. An equilibrium search model of synchronized sales;International Economic Review,2013
2. Information, search, and price dispersion;Michael Baye;Handbook of Economics and Information Systems,2006
3. Salience and consumer choice;Pedro Bordalo;Journal of Political Economy,2013
4. Price Competition with Consumer Confusion