К вопросу о возможности синтеза концепции удовлетворяющего поиска и неоклассической доктрины

A note on the synthesis of the satisficing concept and the neoclassical theory

Sergey Malakhov

MPRA Paper from University Library of Munich, Germany

Abstract: The paper argues that when a consumer searches for a lower price, a satisficing decision procedure equalizes marginal costs of search with its marginal benefit. The consumer can maximize the utility of his consumption-leisure choice with regard to the equality of marginal values of search. Therefore, the satisficing decision procedure results in the optimizing consumer behavior.

Keywords: satisficing; consumption; leisure; price dispersion; search (search for similar items in EconPapers)
JEL-codes: D11 D83 (search for similar items in EconPapers)
Date: 2012-09-01
New Economics Papers: this item is included in nep-cis
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https://mpra.ub.uni-muenchen.de/49494/1/MPRA_paper_49494.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/49762/1/MPRA_paper_49762.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/52470/1/MPRA_paper_52470.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/52485/1/MPRA_paper_52485.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/60355/1/MPRA_paper_52485.pdf revised version (application/pdf)

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