On 28th November OxTalks will move to the new Halo platform and will become 'Oxford Events' (full details are available on the Staff Gateway).
There will be an OxTalks freeze beginning on Friday 14th November. This means you will need to publish any of your known events to OxTalks by then as there will be no facility to publish or edit events in that fortnight. During the freeze, all events will be migrated to the new Oxford Events site. It will still be possible to view events on OxTalks during this time.
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Consumers are usually interested in buying a product repeatedly over time, but need to search for information on firms’ prices and product features. We characterize the optimal search rule in this environment, showing that under certain conditions consumers `stagger’ their search across periods i.e. they buy several different products early on before settling on one which they then buy repeatedly. We also solve for equilibrium prices, examine how they change as the market matures, and compare them to the usual one-shot search problem. Finally we investigate how the market evolves when firms may offer discounts to past consumers.
