Similar Search Results

Shi, Shouyong - Economics Department, Queen's University - 1998

This paper examines efficient and equilibrium allocations in an economy where agents with diverse characteristics are matched through a time-consuming process to produce output. This is cast in a labour market where workers of different skills match with machines of different qualities. The...

Persistent link: https://www.econbiz.de/10005688571

Equilibrium Directed Search with Multiple Applications

Albrecht, James; Gautier, Pieter; Vroman, Susan - Tinbergen Institute - 2003

We analyse a model of equilibrium directed search in a large labour market. Each worker, observing the wages posted at all vacancies, makes a fixed, finite number of applications, a. We allow for the possibility of ex post competition should more than one vacancy want to hire the same worker....

Persistent link: https://www.econbiz.de/10005504927

Regional Matching Frictions and Aggregate Unemployment

Kangasharju, Aki; Hynninen, Sanna-Mari; Pehkonen, Jaakko - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 2006

interesting method to examine how regional differences in matching efficiency and structural factors contribute to aggregate … unemployment. The study reveals notable and temporally stable differences in matching efficiency across travel-to-work areas in …

Persistent link: https://www.econbiz.de/10005545900

Does poaching distort training?

Moen, Espen R.; Rosén, Åsa - Institutet för Social Forskning (SOFI), Stockholms … - 2002

We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous …

Persistent link: https://www.econbiz.de/10005644750

A theory of targeted search

Cheremukhin, Anton; Tutino, Antonella; … - Federal Reserve Bank of Dallas - 2014

resides in between the random matching and the directed search outcomes. The equilibrium that emerges from this middle ground … is inefficient relative to the constrained Pareto allocation. Our theory encompasses the outcomes of the random matching …

Persistent link: https://www.econbiz.de/10010772616

Matching with quorums

Monte, Daniel; Tumennasan, Norovsambuu - In: Economics Letters 120 (2013) 1, pp. 14-17

In the problem of allocating workers to different projects, where each project needs a minimum number of workers assigned to it, the serial dictatorship mechanism is neither strategy proof nor Pareto efficient. We therefore propose a strategy-proof and Pareto-efficient mechanism.

Persistent link: https://www.econbiz.de/10010665671

Efficient resource allocation under multi-unit demand

Kojima, Fuhito - In: Games and Economic Behavior 82 (2013) C, pp. 1-14

-proofness or efficiency. We show that stability is compatible with strategy-proofness or efficiency if and only if the priority …

Persistent link: https://www.econbiz.de/10010719484

The Daycare Assignment Problem

Kennes, John; Monte, Daniel; Tumennasan, Norovsambuu - School of Economics and Management, University of Aarhus - 2011

Gale-Shapley deferred acceptance algorithm for dynamic problems and show that it yields a matching that satisfies strong … stability. It is not Pareto dominated by any other matching, and, if there is an efficient stable matching, it must be the Gale … stronger impossibility result: For the class of dynamic matching problems that we study, there are no algorithms that satisfy …

Persistent link: https://www.econbiz.de/10009024462

Matching with Quorums

Monte, Daniel; Tumennasan, Norovsambuu - School of Economics and Management, University of Aarhus - 2012

We study the problem of allocating workers to different projects in which each project requires having a minimum number of workers assigned to it or else it does not open. We show that the well-known serial dictatorship mechanism is neither strategy-proof nor Pareto efficient. Thus, we propose...

Persistent link: https://www.econbiz.de/10011158458

Does Poaching Distort Training?

Moen, Espen R; Rosén, Åsa - C.E.P.R. Discussion Papers - 2002

We analyse the efficiency of the labour market outcome in a competitive search equilibrium model with endogenous …

Persistent link: https://www.econbiz.de/10005661864