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We analyse consumers' search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price dispersion among adverts for the same product. We also show...
Persistent link: https://www.econbiz.de/10010436160
Can digital labour market platforms reduce search frictions in formal or informal labour markets? We study this question using a randomized experiment embedded in a tracer study of the work transitions of graduates from technical and vocational colleges in Mozambique. We implement an...
Persistent link: https://www.econbiz.de/10013275360
causal effect of information acquisition from new media on the level of sellers' price charges for computer repairs. We find …
Persistent link: https://www.econbiz.de/10011985996
Married individuals match with spouses who share their occupation more frequently than predicted by chance, suggesting either a preference for same-occupation matches or lower search costs within occupation. To distinguish between these explanations, we use a differences-in-differences strategy...
Persistent link: https://www.econbiz.de/10010394002
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012583359
demonstrate the importance of imperfect information about the returns to search and highlight how reducing search costs can …
Persistent link: https://www.econbiz.de/10012296667
with inefficient sorting due to limited information. …
Persistent link: https://www.econbiz.de/10014394213
higher continuation values. For some parameter values, higher-quality sellers post the full-information price; for other …
Persistent link: https://www.econbiz.de/10015050844
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10011336864
Our paper conducts laboratory experiments with the sequential search model to test whether participants engage in search activities in line with theoretical predictions derived from the expected utility model or the reference-dependent model, without assuming any specific formulation rule for a...
Persistent link: https://www.econbiz.de/10012019322