@article{oai:nagoya.repo.nii.ac.jp:00008979, author = {河合, 伸 and KAWAI, Shin}, issue = {4}, journal = {経済科学}, month = {Mar}, note = {This paper investigates the relations between consumers’ price-search behavior and business cycles for an explanation of countercyclical price movements in unconcentrated markets. The effects of changes in search costs which consist of opportunity costs and physical costs are analyzed. When search costs are identical among consumers, the relations are steady as long as the range of changes in search costs is chosen appropriately. When there is distribution of search costs, the relations are not steady because of market participation condition. It is also shown that a modified price-dispersion model can explain counter-cyclical price movements.}, pages = {109--124}, title = {価格サーチと景気循環}, volume = {51}, year = {2004} }