I propose a model of the housing market using a search framework with asymmetric information in which sellers are … advantage in the matching process, incentive compatible listing contracts are implementable as long as housing is not already … posting as a signalling device to direct buyers' search. Adverse selection and inefficient entry on the demand side then …

increase in the option value of search: with better ability to differentiate offer quality, workers become choosier and … ultimately have better migration experiences. This offers a new perspective on the importance of information and matching …

recommendations and price offers only after consumers have approached them, creating additional market power due to search costs. In … the expert and fringe firms is costly. For search costs that are not excessively high, in equilibrium the expert … mistakenly leave the expert, and some low-severity consumers incur unnecessary search costs. Total welfare is non-monotonic in …

incurring a positive search cost, the agent can consult an expert, whose interest is partially aligned with him. There are … vanishing search cost. The main findings are as follows. First, there are signal structures with which both the agent's payoff …

are consistent with an increase in the option value of search: with better ability to differentiate offer quality, workers … search longer, select higher-quality intermediaries, and ultimately have better migration experiences. …

. -- Matching and bargaining ; search ; double auctions ; foundations for perfect competition ; rate of convergence …

We consider optimal pricing by a profit-maximizing platform running a dynamic search and matching market. Buyers and … the ratio of buyers' and sellers' bargaining weights. We also show that a monopolistic intermediary in a search market may …

buyer and a single seller is embedded into a matching market with a continuum of traders. I consider steady-state equilibria …

. First, rather than random matching, we assume that buyers know the location of all sellers, and hence the process of finding … random. Second, given multilateral matching, rather than bargaining, we assume that goods are allocated according to second …