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Variability is beneficial in marked stopping problems

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  • Steven Lippman
  • Sheldon Ross

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Suggested Citation

  • Steven Lippman & Sheldon Ross, 2008. "Variability is beneficial in marked stopping problems," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 35(2), pages 333-342, May.
    • Handle: RePEc:spr:joecth:v:35:y:2008:i:2:p:333-342
    DOI: 10.1007/s00199-007-0226-7
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    References listed on IDEAS

    as
    1. Krishna, Vijay, 2009. "Auction Theory," Elsevier Monographs, Elsevier, edition 2, number 9780123745071.
    2. Sushil Bikhchandani & Chi-fu Huang, 1993. "The Economics of Treasury Securities Markets," Journal of Economic Perspectives, American Economic Association, vol. 7(3), pages 117-134, Summer.
    3. Rothschild, Michael & Stiglitz, Joseph E., 1970. "Increasing risk: I. A definition," Journal of Economic Theory, Elsevier, vol. 2(3), pages 225-243, September.
    4. Michael A. Arnold & Steven A. Lippman, 2001. "The analytics of search with posted prices," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 17(2), pages 447-466.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Nathan Larson, 2013. "Niche products, generic products, and consumer search," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 52(2), pages 793-832, March.

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    More about this item

    Keywords

    Variability; Optimal stopping; Search; D80; D83;
    All these keywords.

    JEL classification:

    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search; Learning; Information and Knowledge; Communication; Belief; Unawareness

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