Hizen, Yoichi; Kawata, Keisuke; Sasaki, Masaru - Institute for the Study of Labor (IZA) - 2012
The objective of this paper is to design a laboratory experiment for an infinite-horizon sequential committee search model in order to test some of the implications obtained by the model in Albrecht, Anderson, and Vroman (2010) (AAV). We find that, compared with single-agent search, the search...