Showing 61 - 70 of 18,740
funds in the capital markets and have to search for investorswhen raising outside capital. We provide an explicit …
Persistent link: https://www.econbiz.de/10009522190
structural search model that allows housing owners to buy second houses to let out, and let rents be determined endogenously. To …
Persistent link: https://www.econbiz.de/10012145540
from the firm having the vacant position, the less likely it is that the candidate is chosen. The search may also involve … foundations of the search process are presented. An empirical application to a board interlock network demonstrates that the model …
Persistent link: https://www.econbiz.de/10012503069
We calculate learning rates when agents are informed through both public andprivate observation of other agents’ actions. We provide an explicit solution forthe evolution of the distribution of posterior beliefs. When the private learningchannel is present, we show that convergence of the...
Persistent link: https://www.econbiz.de/10005868697
Experimental studies of search behavior suggest that individuals stop searching earlier than predicted by the optimal … standard search task as well as a lottery task designed to elicit utility functions. We find that search heuristics are not …
Persistent link: https://www.econbiz.de/10003470506
existence and location of their previous supplier. New information is gathered via search or word-of-mouth communication. Market …
Persistent link: https://www.econbiz.de/10003935674
in summers and fall in winters. This paper presents a search model that analytically generates the observed deterministic …
Persistent link: https://www.econbiz.de/10009530185
I propose a model of the housing market using a search framework with asymmetric information in which sellers are … posting as a signalling device to direct buyers' search. Adverse selection and inefficient entry on the demand side then …
Persistent link: https://www.econbiz.de/10009490077
This paper builds a consumer search model where the cost of going back to stores already searched is explicitly taken … into account. We show that the optimal search rule under costly recall is very different from the optimal search rule under … perfect recall. Under costly recall, the optimal search behaviour is nonstationary and, moreover, the reservation price is not …
Persistent link: https://www.econbiz.de/10011373816
betweenfirms,thereby lowering prices and increasing economic welfare. This paperpresents a search model that provides a different …, but reduce prices when consumers search intensityis high. These different comparative statics results may explain themixed …
Persistent link: https://www.econbiz.de/10011303295