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 …

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. …

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 …

make investments before matching in a competitive market. We introduce the notion of premuneration values -- the values to …