indicator of the welfare effects of public information. The context is a search, matching and bargaining market with uncertainty … congestion externality. I show that either effect can dominate. Observed search duration on the short side of the market is an … endogenously through costly search. Full trade is the unique perfect Bayesian equilibrium under general conditions. Full trade …

option to buy via search or return to bargaining. Here many buyers choose a bargaining agreement when a search outcome is … predicted. For those who opt out, search outcomes are overall efficient and behavior is relatively close to the optimal search …

This paper uses the example of an exam to model multi-dimensional search under a deadline. When the dimension is two …, an order-invariance property allows simple characterization of the optimal search policy. Behavior is shown to be highly …; this increases complexity of the problem of finding the optimal search policy. …

We consider a simple model that combines elements of search and social learning. Acting in sequence, and observing the … action adopted by a previous agent, agents must search for an action. We explore why agent heterogeneity may increase …

outside world in a structured way. Online search results are lists of items, wine menus are often lists of lists (grouped by …