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Search, screening and sorting
Cai, Xiaoming; Gautier, Pieter; Wolthoff, Ronald - 2021
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012583359
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Matching with externalities
Pycia, Marek; Yenmez, M. Bumin - 2021
We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …
Persistent link: https://www.econbiz.de/10012584081
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Fairness and competition in a bilateral matching market
Bester, Helmut - 2021
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012587476
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Matching with Externalities
Pycia, Marek; Yenmez, M. Bumin - 2021
We incorporate externalities into the stable matching theory of two-sided markets. Extending the classical substitutes …. We show that substitutability is a necessary condition for the existence of a stable matching in a maximal-domain sense … and provide a characterization of substitutable choice functions. In addition, we extend the standard insights of matching …
Persistent link: https://www.econbiz.de/10013220503
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A Theory of Stability in Matching with Incomplete Information
Chen, Yi-Chun - 2020
We provide a framework for studying two-sided matching markets with incomplete information. The framework accommodates …
Persistent link: https://www.econbiz.de/10012849286
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Optimal Truncation in Matching Markets
Coles, Peter A. - 2013
Since no stable matching mechanism can induce truth-telling as a dominant strategy for all participants, there is often … room in matching markets for strategic misrepresentation (Roth). In this paper we study a natural form of strategic …
Persistent link: https://www.econbiz.de/10013081039
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Identification and Estimation in Two-Sided Matching Markets
Agarwal, Nikhil - 2014
We study estimation and non-parametric identification of preferences in two-sided matching markets using data from a … other that does not use information available in many-to-one matching. We also prove consistency of a method of moments … estimator for a parametric model under a data generating process in which the size of the matching market increases, but data …
Persistent link: https://www.econbiz.de/10013063240
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Fairness and competition in a bilateral matching market
Bester, Helmut - 2021
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012648091
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Taxation in Matching Markets
Dupuy, Arnaud - 2020
We analyze the effects of taxation in two-sided matching markets where agents have heterogeneous preferences over … potential partners. Our model provides a continuous link between models of matching with and without transfers. Taxes generate …
Persistent link: https://www.econbiz.de/10012831957
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Assortative matching through signals
Poeschel, Friedrich - 2013
is a necessary and sufficient condition. It simultaneously ensures perfect positive assortative matching, so that single …
Persistent link: https://www.econbiz.de/10010128388