~/talk

You Can Lead a Horse to Water: Consumer Search with Spatial Learning

Talkat Information Design and Data Science 2019 · 2019-10-01..10-03
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slides:none on file

Models consumer search across physical locations when consumers learn about where good options are located; uses spatial learning combined with search theory to analyze how information and search costs affect decision-making and welfare, with implications for market design and location-based choice.

AI-written summary · about

  1. 0:00Start
  2. 1:11Problem 1: Search options are differentiated
  3. 4:27Contributions
  4. 6:14A Motivating Example
  5. 21:49Optimal search
  6. 27:08Step size
  7. 28:21A Test of Spatial Learning
  8. 30:50Implications of Spatial Learning
  9. 33:15Belief Manipulation
  10. 36:23Structural Estimation
  11. 37:54Conclusion
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