We present a theory of targeted search, where people with a finite information processing capacity search for a match … resides in between the random matching and the directed search outcomes. The equilibrium that emerges from this middle ground … and the directed search literature as limiting cases. …

We investigate a canonical search-theoretic model without entry. Two agents are randomly matched with a long side being … partnership subject to a small probability of exogenous break down. As this probability and friction vanish, the Nash bargaining …

We present a theory of targeted search, where people with a finite information processing capacity search for a match … resides in between the random matching and the directed search outcomes. The equilibrium that emerges from this middle ground … and the directed search literature as limiting cases. …

surplus in the absence of interagent transfers. Most of the work in the large bargaining-and matching literature ignores this …

strategically choose a certain signal. Introducing cheap talk to a model of sequential search with bargaining, we find that signals …When agents do not know where to find a match, they search. However, agents could direct their search to agents who …-crossing property and sorting condition coincide. As the information from signals allows agents to avoid all unnecessary search, this …

strategically choose a certain signal. Introducing cheap talk to a model of sequential search with bargaining, we find that signals …When agents do not know where to find a match, they search. However, agents could direct their search to agents who …-crossing property and sorting condition coincide. As the information from signals allows agents to avoid all unnecessary search, this …

two-sided search and matching model used to rationalize the empirical facts and carry out predictions regarding match …