Similar Search Results

Applications and interviews: A structural analysis of two-sided simultaneous search

Wolthoff, Ronald P. - 2011

A large part of the literature on frictional matching in the labor market assumes bilateral meetings between workers … equilibrium search model of the labor market with an endogenous number of contacts between workers and firms. Workers contact … estimated parameter values welfare is improved if unemployed workers increase their search intensity. …

Persistent link: https://www.econbiz.de/10010274755

The Search for Abatement Technologies in the Alberta Oil Sands

Nimubona, Alain-Désiré; Chakravorty, Ujjayant; Leach, … - 2014

We develop a three-stage model of abatement technology search, adoption, and deployment. Using this model, which draws … on search theory tools more frequently used in labour and monetary economics, we compare market-based and command …-and-control pollution control instruments with respect to the incentives each provides for abatement technology search and adoption …

Persistent link: https://www.econbiz.de/10010352355

Local search markets and external competition

Legros, Patrick; Stahl, Konrad O. - 2019

Increased competition tends to benefit all buyers with increasing product variety and decreasing prices. However, if local and external market channels compete for the same class of products, increased competition from the external market crowds out local variety. Under local monopoly, local...

Persistent link: https://www.econbiz.de/10012052789

Monetary policy in a channel system

Berentsen, Aleksander; Monnet, Cyril - 2007

Channel systems for conducting monetary policy are becoming increasingly popular. Despite their popularity, the consequences of implementing policy with a channel system are not well understood. We develop a general equilibrium framework of a channel system and investigate the optimal policy. A...

Persistent link: https://www.econbiz.de/10010264077

Bao, Yongping; Danwitz, Ludwig; Dvorak, Fabian; … - 2022

Algorithm-based decision support systems play an increasingly important role in decisions involving exploration tasks, such as product searches, portfolio choices, and human resource procurement. These tasks often involve a trade-off between exploration and exploitation, which can be highly...

Persistent link: https://www.econbiz.de/10014290098

Beauty Premium and Marriage Premium in Search Equilibrium: Theory and Empirical Test

Bonilla, Roberto; Kiraly, Francis; Wildman, John - 2015

We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …

Persistent link: https://www.econbiz.de/10010500407

Attributes

Klabjan, Diego; Olszewski, Wojciech; Wolinsky, Asher - In: Games and Economic Behavior 88 (2014) C, pp. 190-206

A decision maker (DM) considers the acquisition of a multi-attribute object with uncertain qualities which can be discovered at a cost. DM's problem is to decide how much to invest in the discovery and whether to adopt or discard based on partial information. We characterize the solution in some...

Persistent link: https://www.econbiz.de/10011117130