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(1-5PM2:30)第458期岭南学术论坛(经济学系列Seminar)

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报告题目:A Search Model of Experience Goods

报 告 人:张天乐(Associate Professor, Lingnan University, Hong Kong)

时      间:2018年1月5日(周五)下午2:30-4:00

地      点:岭南堂黄炳礼会议室

语      言:英文 + 中文

 

Abstract:

This paper studies search in an experience-goods market. Firms are differentiated both horizontally and vertically, with a higher-quality firm being more likely to offer a high-quality product. Consumers search to uncover a product’s price and match values, but can discern product quality only after consumption. We characterize the market equilibrium, and compare it with that in an “inspection-goods” market where search also reveals product quality. The effect of entry and the role of intermediaries are studied.

 

 

个人简介:

Tianle Zhang is an Associate Professor (with substantiation) at the Department of Economics of Lingnan University, Hong Kong. He received his PhD in economics from University of Colorado at Boulder, United States. His research primarily focuses on information economics and economics of Innovation. He published in various leading academic journals such asInternational Economic Review, Economic Journal and Management Science.(张天乐教授本科毕业于中山大学岭南学院)

 

 

 

 

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