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  • The Theory of Sales: A Simple Model of Equilibrium Price Dispersion With Identical Agents

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    Jobin Joshua
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    This document summarizes a 1982 article from the American Economic Review titled "The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents". The article, written by Steven C. Salop and published in January 1982, presents a model of equilibrium price dispersion among identical agents and has received 267 citations. It explores how price dispersion can exist in competitive markets even when agents are identical.

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    This document summarizes a 1982 article from the American Economic Review titled "The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents". The article, written by Steven C. Salop and published in January 1982, presents a model of equilibrium price dispersion among identical agents and has received 267 citations. It explores how price dispersion can exist in competitive markets even when agents are identical.

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    © All Rights Reserved
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    9 views57 pages

    The Theory of Sales: A Simple Model of Equilibrium Price Dispersion With Identical Agents

    Uploaded by

    Jobin Joshua
    This document summarizes a 1982 article from the American Economic Review titled "The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with Identical Agents". The article, written by Steven C. Salop and published in January 1982, presents a model of equilibrium price dispersion among identical agents and has received 267 citations. It explores how price dispersion can exist in competitive markets even when agents are identical.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
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    See discussions, stats, and author profiles for this publication at: https://www.researchgate.

    net/publication/4728305

    The Theory of Sales: A Simple Model of Equilibrium Price Dispersion with


    Identical Agents

    Article in American Economic Review · January 1982


    Source: RePEc

    CITATIONS READS

    267 1,738

    2 authors, including:

    Steven C. Salop
    Georgetown University
    120 PUBLICATIONS 11,800 CITATIONS

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