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Knowledge Exchange, Matching, and Agglomeration
Berliant, Marcus; III, Robert R. Reed; Wang, Ping - EconWPA - 2004
Despite wide recognition of their significant role in explaining sustained growth and economic development, uncompensated knowledge spillovers have not yet been fully modeled with a microeconomic foundation. This paper illustrates the exchange of knowledge as well as its consequences for...
Persistent link: https://www.econbiz.de/10005556221
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Dynamic Urban Models: Agglomeration and Growth
Berliant, Marcus; Wang, Ping - EconWPA - 2004
Theoretical models of urban growth are surveyed in a common framework. Exogenous growth models, where growth in some capital stock as a function of investment is assumed, are examined first. Then endogenous growth models, where use of some factor by a firm increases the productivity of other...
Persistent link: https://www.econbiz.de/10005118970
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Equilibrium and matching under price controls
Herings, P. Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains … two important streams in the matching literature, those with and those without monetary transfers, as special cases and …
Persistent link: https://www.econbiz.de/10011307296
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How (not) to Choose Peers in Studying Groups
Gall, Thomas; Amann, Roland - 2006
This paper analyzes social group formation when agents are subject to peer effects within groups increasing human capital and instantaneous utility. When agents are heterogeneous on two dimensions, ability and social skills, and monetary payments are not feasible the model predicts segregation...
Persistent link: https://www.econbiz.de/10010312300
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Equilibrium and matching under price controls
Herings, Peter Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains … two important streams in the matching literature, those with and those without monetary transfers, as special cases and …
Persistent link: https://www.econbiz.de/10011279692
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A Dynamic Generalization of Becker's Assortative Matching Result
Anderson, Axel - 2012
. Assortative matching theorems are developed using the planner's characterization results. While positive assortative matching is …
Persistent link: https://www.econbiz.de/10013112639
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Complementarity in Matching, Games, and Exchange Economies
Rostek, Marzena J. - 2020
We investigate the similarities and differences between matching markets and other canonical economic settings in the … presence of complementarity. In particular, we explain the formal connections between the structure of matching markets with … complementary contracts and games with strategic complements, and between matching markets and exchange economies with gross …
Persistent link: https://www.econbiz.de/10012837982
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Two-Sided Investment and Matching with Multi-Dimensional Cost Types and Attributes
Dizdar, Deniz - 2017
Heterogeneous buyers and sellers must make investments before entering a continuum assignment market. I show that efficient ex-post contracting equilibria (Cole, Mailath and Postlewaite 2001a) exist in a general assignment game framework. I then shed light on what enables and what precludes...
Persistent link: https://www.econbiz.de/10012973762
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Equilibrium and Matching Under Price Controls
Herings, P. Jean-Jacques - 2015
The paper considers a one-to-one matching with contracts model in the presence of price controls. This set-up contains … two important streams in the matching literature, those with and those without monetary transfers, as special cases and …
Persistent link: https://www.econbiz.de/10013021278
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Lone wolves in competitive equilibria
Jagadeesan, Ravi; Kominers, Scott Duke; Rheingans-Yoo, Ross - 2017
. Specifically, we prove an analogue of the “Lone Wolf Theorem” of classical matching theory, showing that when utility is perfectly …
Persistent link: https://www.econbiz.de/10011928931