with the invariant method. These effects are not present in a simple search model in which individuals are influenced by …

We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents … search accepting residences based on their idiosyncratic tastes for housing and a disagreement point derived from information … on the distribution of offers. The steady state to which the simulation evolves shows price dispersion, nonzero search …

approaches, analyzing websites as information systems, as communication channels, or as retailing channels. Having looked at the …