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A Pigouvian Approach to Congestion in Matching Markets

He, Yinghua - 2019

Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases … programs; however, they may harm match quality. In a multiple-elicitation experiment conducted in a real-life matching market …

Persistent link: https://www.econbiz.de/10012896762

The Empirical Content of Marital Surplus in Matching Models

Doorley, Karina - 2018

well-being and separation. We first estimate the marital surplus using a simple matching model of the marriage market with …

Persistent link: https://www.econbiz.de/10012910735

Canonical Correlation and Assortative Matching : A Remark

Dupuy, Arnaud - 2012

In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the …

Persistent link: https://www.econbiz.de/10013098825

Employment Fluctuations with Downward Wage Rigidity : The Role of Moral Hazard

Costain, James - 2009

This paper studies the cyclical dynamics of Mortensen and Pissarides' (1994) model of job creation and destruction when workers' effort is not perfectly observable, as in Shapiro and Stiglitz (1984). An occasionally-binding no-shirking constraint truncates the real wage distribution from below,...

Persistent link: https://www.econbiz.de/10013157042

Identifying Sorting : In Theory

Eeckhout, Jan - 2009

We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker … and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal …

Persistent link: https://www.econbiz.de/10012764675

Stable Marriage, Household Consumption and Unobserved Match Quality

Browning, Martin James; Cherchye, Laurens; Demuynck, Thomas - 2022

We present a methodology for the structural empirical analysis of house- hold consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....

Persistent link: https://www.econbiz.de/10014087463

Competing with Asking Prices

Lester, Benjamin - 2013

In many markets, sellers advertise their good with an asking price. This is a price at which the seller is willing to take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below the asking price and that this offer may be accepted if the...

Persistent link: https://www.econbiz.de/10013087422

College Choice Allocation Mechanisms : Structural Estimates and Counterfactuals

Carvalho, José-Raimundo - 2014

We evaluate a simple allocation mechanism of students to majors at college entry that was commonly used in universities in Brazil in the 1990s and 2000s. Students first chose a single major and then took exams that select them in or out of the chosen major. The literature analyzing student...

Persistent link: https://www.econbiz.de/10013045056

Does Bargaining Matter in the Small Firm Matching Model?

L'Haridon, Olivier - 2010

search-matching economies. Second, our results show that even though the traditional results of bargaining theory apply in …'s matching model of unemployment. To the best of our knowledge, this is the first attempt that has been made to implement and … systematically compare these solutions in search-matching economies. Our results are twofold. First from the theoretical …

Persistent link: https://www.econbiz.de/10013138265

Self-Serving Use of Equity Rules in Bargaining with Asymmetric Outside Options

Hennig‐Schmidt, Heike - 2013

We experimentally investigate multiple notions of equity in ultimatum bargaining with asymmetric outside options. Building on the generalized equity principle formulated by Selten (1978), we derive three different equity rules that can explain 43% of all offers. Our within-subject design further...

Persistent link: https://www.econbiz.de/10013074889