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In both, there are search costs.
And, he said, "I'm minimizing my transportation and search costs".
Each dog search costs the district $500, Dr. Murphy said.
Search costs slow down job matching, which contributes to unemployment and job vacancies.
The half-day whale search costs $50; ages 6 to 10, half price.
One prediction is unambiguous: Productivity should increase as a result of lower search costs.
There is a charge for the search, 10% of which goes to charity: A general search costs £18.
Lower search costs are akin to playing the music faster, which enables players to find their chairs sooner.
For a real-world example of the effect of lower search costs, think of today's e-reader price wars.
If a financial intermediary does it on behalf of thousands of such small savers, search costs are reduced.
It can reduce "search costs" (the bundled goods are in the same place), as well as the producer's distribution costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com