Search Regret and Social Networks

Evangelos Rouskas ()
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Evangelos Rouskas: Agricultural University of Athens

A chapter in Business Intelligence and Modelling, 2021, pp 99-104 from Springer

Abstract: Abstract I present a model with social networks and search regret disutility. The focus is on the number of the Burdett–Judd-type equilibria. In this model, provided that the search regret disutility parameter is high, a unique Burdett–Judd-type equilibrium emerges, even though multiple candidate equilibria may exist.

Keywords: Search costs; Prominence; Non-sequential search; Social networks (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-57065-1_9

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DOI: 10.1007/978-3-030-57065-1_9

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