Showing 1 - 10 of 57
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
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
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
-sided matching, in which principals and agents choose between exclusive and nonexclusive contracts with cost-of-effort inefficiencies …
Persistent link: https://www.econbiz.de/10014636236
The Stable Fixtures problem (Irving and Scott (2007)) is a generalized matching model that nests the well-known Stable … sufficient to ensure that starting from an arbitrary matching, a decentralized process of allowing the sequential matching of … randomly chosen blocking pairs will converge to a pairwise-stable matching with probability one. Strategic implications of this …
Persistent link: https://www.econbiz.de/10012167988
A model is developed for two players exerting media manipulation efforts to support each of two actors who interact …
Persistent link: https://www.econbiz.de/10012167778
In this paper, we investigate optimal delegation mechanisms in the presence of countervailing conflicts of interest in the context of principal-agent problems. We introduce two dimensions of conflict of interest-pandering incentives related to the outside option and project biases. We compare...
Persistent link: https://www.econbiz.de/10014443303
Under the 'new normal' in the labor market, individuals can work remotely or in person, a hybrid work mode that became ubiquitous during the pandemic. This paper studies the efficiency of decentralized leadership in federations in which hybrid work is the modus operandi. Self-interested regional...
Persistent link: https://www.econbiz.de/10014422292
Anticipated verbal feedback in a dictator game has been shown to induce altruistic behavior. However, in the ultimatum game which, apart from generosity, entails a strategic component since a proposer may (rightly) fear that the responder will reject a low offer, it remains an open question...
Persistent link: https://www.econbiz.de/10011852695