How Much Search Is Enough?

How Much Search Is Enough?

  The problem of a consumer searching for the lowest price for a product and a similar example in which an unemployed job seeker searches for the highest wage rate are examined.

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Bibliographische Detailangaben
Veröffentlicht in:Mathematics magazine 1994-12, Vol.67 (5), p.377-379
1. Verfasser: Yee, Jet
Format: Magazinearticle
Sprache:eng
Schlagworte:
Consumer economics
Consumer prices
Economics
Expected values
Job hunting
Mathematics
Random variables
Wage rate
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Beschreibung
Zusammenfassung:  The problem of a consumer searching for the lowest price for a product and a similar example in which an unemployed job seeker searches for the highest wage rate are examined.
ISSN:0025-570X
1930-0980
DOI:10.1080/0025570X.1994.11996255