Search and the development of the economics of information

  • Steven Lippman

Abstract

In this paper we trace the evolution of economic search theory and the concomitant accumulation of insights so as to elucidate is successes as well as its central location within the economics of information. The reason for the phenomenal success of search theory is twofold. First, Stigler’s fixed sample search was the first entrant in the literature to explicity model the acquisition of information.
Compartir
How to Cite
Lippman, S. (2016). Search and the development of the economics of information. Estudios de Economía, 20(2), pp. 223-249. Retrieved from https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/40681/43800
Section
Articles
Published
2016-05-02