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issues we construct a general equilibrium model economy in which people search for spouses, and they marry because they value … are decreasing in age and some random matching are sufficient to account for the positive slopes of the life …
Persistent link: https://www.econbiz.de/10010553262
This article reviews the developments in frictional matching models from 1990 to 2010, exploring how search frictions … different attacks on the existence of equilibrium required for these search and matching models. …
Persistent link: https://www.econbiz.de/10010604263
This paper develops a two sided matching model of premarital cohabitation and marriage in which premarital cohabitation …
Persistent link: https://www.econbiz.de/10005395893
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 …
Persistent link: https://www.econbiz.de/10005046673
two-sided search and matching model in the absence of data on choice sets. This approach exploits information on the …
Persistent link: https://www.econbiz.de/10010970514
This paper develops a dynamic model of consumer search that, despite placing very little structure on the dynamic … problem faced by consumers, allows us to exploit intertemporal variation in within-period price and search cost distributions … to estimate the population distribution from which consumers' search costs are initially drawn. We show that static …
Persistent link: https://www.econbiz.de/10010941701
of efficiency gains, namely lower search costs, better matching, and more intense product market price-competition.  A … monopolistic search engine charges advertisers too high a price, and has incentives to provide a suboptimal matching quality …Search engines enable advertisers to target consumers based on the query they have entered.  In a framework with …
Persistent link: https://www.econbiz.de/10011004434
presence of savvy consumers improves the deals available to non-savvy consumers in the market (the case of search externalities …
Persistent link: https://www.econbiz.de/10011004454
consumers search for satisfactory deals. In the pre-merger symmetricequilibrium, the probability that a firm is the next one to … when they do not find any product satisfactory enough, they continue searching atthe merging stores. When search costs are … sizable search economies. Such demand-side economies can conferthe merging firms a prominent position in the marketplace, in …
Persistent link: https://www.econbiz.de/10011255518
The search literature assumes that consumers know which firms sell products they are looking for, but are unaware of … the basic fact that they sell the product. In this way, advertising lowers the expected search cost. We show that this …
Persistent link: https://www.econbiz.de/10011255691