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's matching model of unemployment. To the best of our knowledge, this is the first attempt to implement and systematically compare … these solutions in search-matching economies. Our results are twofold. First from the theoretical and methodological … viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …
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The recent and growing literature which has extended the use of search and matching models even to the housing market … because a straightforward adaptation of the basic matching model to the housing market seems impossible. However, this paper …
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-proposing deferred acceptance mechanism (DA) has played a central role not only in theory but also in important practical applications …-proposing deferred acceptance"-Mechanismus (DA) spielt eine zentrale Rolle nicht nur in der Theorie sondern auch in wichtigen praktischen …
Persistent link: https://www.econbiz.de/10009566572
-proof mechanism that is constrained efficient, i.e. that always produces a stable matching that is not Pareto-dominated by another … stable matching. We characterize all solvable priority structures satisfying the following two restrictions: (A) Either there …
Persistent link: https://www.econbiz.de/10011937252
We show how frictions and continuous transfers jointly affect equilibria in a model of matching in trading networks …
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