consider the notion of "efficient" partition that minimizes the total policy-related costs and aggregate personalized costs. We … (belonging to the partition or not) has an incentive to break away from the rest and to set its own policy. Our main result is … that, with a unidimensional policy space and single-peaked personalized costs, every efficient partition is sustainable. We …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

maximum matching can avoid this risk and enjoy higher payoffs than inessential players. Although the search for partners is …

and sending both to the low productivity sector. But, efficiency requires that they apply to both sectors because a higher … matching rate in the high-productivity sector can then be realized with fewer applications (and consequently fewer coordination …

allow for ex post Bertrand competition generate the maximum matching on arealized network. …

We show that in a search/matching model with endogenous participation in which workers are heterogeneous with respect …