| Original language | English |
|---|---|
| Title of host publication | Elgar Encyclopedia of Behavioural and Experimental Economics |
| Editors | Swee-Hoon Chuah, Robert Hoffmann, Ananta Neelim |
| Place of Publication | Cheltenham UK |
| Publisher | Edward Elgar Publishing |
| Chapter | 61 |
| Pages | 205-209 |
| Number of pages | 5 |
| Edition | 1st |
| ISBN (Electronic) | 9781802207736 |
| ISBN (Print) | 9781802207729 |
| DOIs | |
| Publication status | Published - 2025 |
Abstract
Directed-search models have been utilised successfully by economic theorists to describe a wide range of phenomena spanning from microeconomics to macroeconomics, as well as behavioural economics. In this brief article, we provide a short introduction to directed search and summarise the extant experimental literature.
Keywords
- Behavioural Economics
- Competitive Search Equilibrium
- Directed Search
- Experiments
- Price Responsiveness