Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/234916 
Year of Publication: 
2020
Series/Report no.: 
ISER Discussion Paper No. 1104
Publisher: 
Osaka University, Institute of Social and Economic Research (ISER), Osaka
Abstract: 
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.
Subjects: 
consumer search
stock-out
search experiment
consumer behavior
JEL: 
C91
D11
D43
D83
L13
Document Type: 
Working Paper

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