Deltas et al., 2018 - Google Patents
Free Riding on the Search of Others: Information Externalities in the Mortgage IndustryDeltas et al., 2018
View PDF- Document ID
- 8863024091324702021
- Author
- Deltas G
- Li Z
- Publication year
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Snippet
Consumers often learn prices by engaging in costly search. Their search confers benefits to themselves, through lower prices. We show that it also confers positive externalities to other consumers in the same market. These can be either direct, by sharing the information from …
- 230000000694 effects 0 abstract description 83
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