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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
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Pricing and Investments in Matching Markets
Mailath, George J. - 2011
make investments before matching in a competitive market. We introduce the notion of premuneration values -- the values to …
Persistent link: https://www.econbiz.de/10013122231
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Selling Cookies
Bergemann, Dirk - 2013
We analyze data pricing and targeted advertising. Advertisers seek to tailor their spending to the value of each consumer. A monopolistic data provider sells cookies -- informative signals about individual consumers' preferences. We characterize the set of consumers targeted by the advertisers...
Persistent link: https://www.econbiz.de/10013073446
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How Broadband Internet Affects Labor Market Matching
Bhuller, Manudeep - 2020
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi …
Persistent link: https://www.econbiz.de/10012843176
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The Todaro Paradox Revisited
Zenou, Yves - 2005
and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a …
Persistent link: https://www.econbiz.de/10012784075
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Directed Search with Phantom Vacancies
Albrecht, James - 2020
assume that job seekers direct their search based on the listing age and so equalize the expected benefit of a job … externality decreases with the age of the listing when the match is formed. Relative to the constrained efficient search behavior …, the directed search of job seekers leads them to over-apply to younger listings. We illustrate the model using US labor …
Persistent link: https://www.econbiz.de/10012822848
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Selling Cookies
Bergemann, Dirk - 2014
We propose a model of data provision and data pricing. A single data provider controls a large database that contains information about the match value between individual consumers and individual firms (advertisers). Advertisers seek to tailor their spending to the individual match value. The...
Persistent link: https://www.econbiz.de/10013047747
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Pricing in Matching Markets
Mailath, George J. - 2010
Different markets are cleared by different types of prices - a universal price for all buyers and sellers in some markets, seller-specific prices that are uniform across buyers in others, and personalized prices tailored to both the buyer and the seller in yet others. We introduce the notion of...
Persistent link: https://www.econbiz.de/10013148518
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Selling Cookies
Bergemann, Dirk - 2014
We develop a model of data pricing and targeted advertising. A monopolistic data provider determines the price to access "cookies," i.e., informative signals about individual consumers' preferences. The demand for information is generated by advertisers who seek to tailor their spending to the...
Persistent link: https://www.econbiz.de/10013062477
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Endogenous Job Destruction and Job Matching in Cities
Zenou, Yves - 2021
We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …
Persistent link: https://www.econbiz.de/10013317149