Market organisation and trading relationships

被引：93
|
作者：
Weisbuch, G
Kirman, A
Herreiner, D
机构：
[1] ENS, Phys Stat Lab, F-75230 Paris 05, France
[2] Univ Aix Marseille 3, F-13628 Aix En Provence, France
[3] Univ Bonn, D-5300 Bonn, Germany
来源：
ECONOMIC JOURNAL | 2000年 / 110卷 / 463期
关键词：
D O I：
10.1111/1468-0297.00531
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
In this paper we give a theoretical model of buyers' behaviour on a market for a perishable good where no prices are posted. We show that if buyers learn from their own previous experience there is a sharp division between those who learn to be loyal to certain sellers and those who continue to 'shop around'. This feature remains in more general models which are simulated and is consistent with empirical data from the Marseille fish market.
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页码：411 / 436
页数：26
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