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work individually without monetary incentives and are then assigned to teams of two where compensation is based on team … performance. Our results are consistent with a simple investment-cum-matching model: pairing the worst performing individuals with … the best yields 20% lower first stage effort than random matching. Pairing the best with the best, however, yields 5 …
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This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … quit decisions. This approach obviates the need for a matching function. On this theoretical basis, we argue that the … matching function is vulnerable to the Lucas critique. Our calibrated model for the U.S. economy can account for important …
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Higher incentive pay is associated with higher firm value. I introduce a model of CEO-firm matching to disentangle the …
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Vulnerability to manipulation is a threat to successful matching market design. However, some manipulation is often …
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Motivated in part by online marketplaces such as ridesharing and freelancing platforms, we study two-sided matching … dispatches jobs to agents at random.To balance matching efficiency with agents' strategic considerations, we introduce a novel …
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