Learning buyers' valuation distribution in posted-price selling

Economic Theory

Volumn 14, Issue 2, 1999, Pages 417-428

  Chen, Yongmin ^a   Wang, Ruqu ^b  

^a UNIVERSITY OF COLORADO   (United States)

^b QUEEN S UNIVERSITY   (Canada)

Author keywords

Learning; Posted price selling; Price determination

Indexed keywords

EID: 0033418462     PISSN: 09382259     EISSN: None     Source Type: Journal    
DOI: 10.1007/s001990050301     Document Type: Article

References (5)

1. Chen, Y., Rosenthal, R.: On the use of ceiling-price commitments. Rand Journal of Economics 27, 207-220 (1996)
2. McAfee, R.P., McMillan, J.: Search mechanisms. Journal of Economic Theory 44, 99-123 (1988)
3. Riley, J., Zeckhauser, R.: Optimal selling strategies: when to haggle, when to hold firm. Quarterly Journal of Economics 98, 267-290 (1983)
4. Stokey, N., Lucas, R.E. Jr.: Recursive methods in economic dynamics. Cambridge: Harvard University Press 1989
5. Wang, R.: Auctions versus posted-price selling. American Economic Review 83, 838-851 (1993)