Consumer Search and Stock-out: A Laboratory Experiment
Consumer Search and Stock-out: A Laboratory Experiment
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DOI:
10.2139/ssrn.3706623
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发表时间:
2020-10
期刊:
影响因子:
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通讯作者:
Yuta Kittaka;Ryo Mikami
中科院分区:
文献类型:
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作者:
Yuta Kittaka;Ryo Mikami
We investigate the overall impact of stock-out on individual consumers' information search behavior through both search-theoretic and experimental approaches. As the probability of stock-out increases, search intensity decreases, while the expected number of searches may increase. Such increases in stock-out probability also deter consumers from participating in the market.