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The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is …
Persistent link: https://www.econbiz.de/10010323818
Conditions for the emergence of cooperation in a spatial common-pool resource game are studied. This combines in a unique way local and global interactions. A fixed number of harvesters are located on a spatial grid. Harvesters choose among three strategies: defection, cooperation, and...
Persistent link: https://www.econbiz.de/10010312430
Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive population dynamics in Kandori, Mailath and rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model mutation rates as...
Persistent link: https://www.econbiz.de/10010334682
based on grades received at school. It is examined how this matching is affected if good grades are granted to some low …
Persistent link: https://www.econbiz.de/10010298081
Bergin and Lipman (1996) show that the refinement effect from the random mutations in the adaptive dynamics in Kandori, Mailath and Rob (1993) and Young (1993) is due to restrictions on how these mutation rates vary across population states. We here model these mutation rates as endogenously...
Persistent link: https://www.econbiz.de/10010334690
Evolutionary theorizing has a long tradition in economics. Only recently has this approach been brought into the framework of non-cooperative game theory. Evolutionary game theory studies the robustness of strategic behaviour with respect to evolutionary forces in the context of games played...
Persistent link: https://www.econbiz.de/10010334821
In the context of the Beckerian theory of marriage, when men and women match on a single-dimensional index that is the weighted sum of their respective multivariate attributes, many papers in the literature have used linear canonical correlation, and related techniques, in order to estimate...
Persistent link: https://www.econbiz.de/10010289996
We study the role of establishment-specific wage premiums in generating recent increases in West German wage inequality. Models with additive fixed effects for workers and establishments are fit in four sub-intervals spanning the period from 1985 to 2009. We show that these models provide a good...
Persistent link: https://www.econbiz.de/10010293157
We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker … and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal …
Persistent link: https://www.econbiz.de/10010269035
their match. We study two prevalent approaches for matching within organizations: Centralized assignment by firm leaders and …
Persistent link: https://www.econbiz.de/10014567476