Burdett, Kenneth; Imai, Ryoichi; Wright, Randall - In: Frontiers in Macroeconomics 1 (2004) 1, pp. 1102-1102
We analyze models where agents search for partners to form relationships (employment, marriage, etc.), and may or may … not continue searching for different partners while matched. Matched agents are less inclined to search if their match … more inclined to search, potentially making instability a self-fulfilling prophecy. We show this can generate multiple …