Showing 1 - 10 of 123
unraveling can only occur when firms are willing to make early offers and workers are willing to accept them. We present a model …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10009785461
Why do some incomplete information markets feature intermediaries while others do not? I study the allocation of two goods in an incomplete information setting with a single principal, multiple agents with unit demand, and interdependent valuations. I construct a novel dynamic mechanism...
Persistent link: https://www.econbiz.de/10014418049
unraveling can only occur when firms are willing to make early offers and workers are willing to accept them. We present a model …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10010369345
unraveling can only occur when firms are willing to make early offers and workers are willing to accept them. We present a model …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10011030495
suggests that in this setup, unraveling takes place and a number of different types are correctly identified in equilibrium …. While we do observe a substantial degree of information disclosure, we also find that unraveling is typically not as … complete as predicted by economic theory. The behavior of both workers and employers impedes unraveling in that there is too …
Persistent link: https://www.econbiz.de/10011852739
suggests that in this setup, unraveling takes place and a number of different types are correctly identified in equilibrium …. While we do observe a substantial degree of information disclosure, we also find that unraveling is typically not as … complete as predicted by economic theory. The behavior of both workers and employers impedes unraveling in that there is too …
Persistent link: https://www.econbiz.de/10011849512
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through …
Persistent link: https://www.econbiz.de/10011453256
In impunity games proposers, like allocators in dictator games, can take what they want; however, responders can refuse offers deemed unsatisfactory at own cost. We modify the impunity game via allowing offers to condition of another participant's counterfactual generosity intention. For a given...
Persistent link: https://www.econbiz.de/10012227729
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through …
Persistent link: https://www.econbiz.de/10011709879
In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the … probability of the marital dissolution does not reduce divorce costs under gender-optimal matching rules. In such environments, an …
Persistent link: https://www.econbiz.de/10009754874