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Adrian Hillenbrand

Séminaire

On March 29, 2018

Strategic Inattention in Product Search

Abstract : 

Online platforms provide search tools that help consumers to get better-fitting product offers. But this technology makes consumer search behavior also easily traceable and allows for real-time price discrimination.  Consumers face a trade-off: Search intensely and receive a better fit at a potentially higher price or restrict search behavior – be strategically inattentive – and receive a worse fit, but maybe a better deal. We study the resulting strategic buyer-seller interaction theoretically as well as experimentally. Our experimental results show that it is the sellers and not the buyers who profit from these search tools.

Date

On March 29, 2018

Localisation

Complément lieu

Salle EG03

Submitted on October 16, 2023

Updated on October 16, 2023