Showing 1 - 10 of 6,714
make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …
Persistent link: https://www.econbiz.de/10011686665
prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …
Persistent link: https://www.econbiz.de/10013471132
model, the search and matching theory and behavioral economics. Concerning the latter, we propose a new framework to explain …We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we …
Persistent link: https://www.econbiz.de/10011813226
We prove existence of steady-state equilibrium in a class of matching models with search frictions. …
Persistent link: https://www.econbiz.de/10010499806
We propose a theoretical explanation for the so-called "beauty premium". Our explanation is based entirely on search … interaction between frictional labour and marriage markets and establish the existence of a search equilibrium characterised by …
Persistent link: https://www.econbiz.de/10010491716
When agents do not know where to find a match, they search. However, agents could direct their search to agents who … strategically choose a certain signal. Introducing cheap talk to a model of sequential search with bargaining, we find that signals … is a necessary and sufficient condition. It simultaneously ensures perfect positive assortative matching, so that single …
Persistent link: https://www.econbiz.de/10010128388
two-sided search and matching model used to rationalize the empirical facts and carry out predictions regarding match …This paper studies the two-sided dynamic matching problem that occurs in the US foster care system. In this market …
Persistent link: https://www.econbiz.de/10014251032
This chapter surveys the literature on the microstructure of housing markets. It considers one-sided search, random … matching, and directed search models. It also examines the bargaining that takes place once a match has occurred, with the … bargaining taking various forms, including two-party negotiations of different types and multiparty housing auctions. The chapter …
Persistent link: https://www.econbiz.de/10014025302
We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at …
Persistent link: https://www.econbiz.de/10011332815
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