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Efficient dynamic matching with costly search
Atakan, Alp E. - 2010
restriction on agent heterogeneity. In this context, a non-trivial, full trade search equilibrium is shown to exist, equilibria …
Persistent link: https://www.econbiz.de/10010273653
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Competitive equilibria in decentralized matching with incomplete information
Atakan, Alp E. - 2010
This paper shows that all perfect Bayesian equilibria of a dynamic matching game with two-sided incomplete information …
Persistent link: https://www.econbiz.de/10010273660
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Age matching patterns and search
Sautmann, Anja - 2010
) assortative matching by age, and (2) \differential age matching, a formalization of the age difference at marriage between men and … women. The payoff function has to satisfy certain conditions on its slope and curvature in age. However, to achieve sorting …
Persistent link: https://www.econbiz.de/10010284072
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Rhetoric in legislative bargaining with asymmetric information
Chen, Ying; Eraslan, Hülya - 2010
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10010273671
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Rhetoric in legislative bargaining with asymmetric information
Chen, Ying; Eraslan, Hülya - 2010
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10010277535
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Market power and information revelation in dynamic trading
Gottardi, Piero; Serrano, Roberto - 2002
We study a strategic model of dynamic trading where agents are asymmetrically informed over common value sources of uncertainty. There is a continuum of uninformed buyers and a finite number of sellers, some of them informed. When there is only one seller, full information revelation never...
Persistent link: https://www.econbiz.de/10010318890
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A Decentralized Market with Common Values Uncertainty: Non-Steady States
Blouin, Max; Serrano, Roberto - 1998
Persistent link: https://www.econbiz.de/10010420254
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A Model of Secular Migration from Centralized to Decentralized Trade
Cai, Zhifeng; Dong, Feng - 2020
, traders' choice of venue is shaped by the trade-off between information frictions in the CM and matching frictions in the DM … the model to evaluate two potential explanations of the migration from CM to DM: improvements in matching technologies and …
Persistent link: https://www.econbiz.de/10012663138
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Does digitalization increase labor market efficiency? Job search and effort on the job with asymmetric information and firm learning
Mayr-Dorn, Karin - 2019
information. I consider a model with random matching and wage bargaining a la Pissarides (1985, 2000) where worker ability is …
Persistent link: https://www.econbiz.de/10012140929
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On-the-job search and the cyclical dynamics of the labor market
Krause, Michael U.; Lubik, Thomas A. - 2004
matching model suggests much lower volatitilities of these variables. Intuitively, in a boom, rising search activity on the job …
Persistent link: https://www.econbiz.de/10010293492