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Persistent link: https://www.econbiz.de/10010370477
We propose a parsimonious matching model where people's choice of whom to meet endogenizes the degree of randomness in matching. The analysis highlights the interaction between a productive motive, driven by the surplus attainable in a match, and a strategic motive, driven by reciprocity of...
Persistent link: https://www.econbiz.de/10012854989
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