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The matching of likes is a frequently observed phenomenon. However, for such assortative matching to arise in a search … can generate even perfect assortative matching under weak conditions: supermodularity of the match production function is … the model achieves nearly unconstrained efficiency despite frictions. -- Assortative matching ; sorting ; search ; signals …
Persistent link: https://www.econbiz.de/10009553146
We prove existence of steady-state equilibrium in a class of matching models with search frictions. …
Persistent link: https://www.econbiz.de/10010499806
Steady state equilibria in heterogeneous agent matching models with search frictions have been shown to exist in Shimer … investigated linear search technology. -- Search ; Matching ; Steady State Equilibrium …
Persistent link: https://www.econbiz.de/10003850642
This paper shows that all perfect Bayesian equilibria of a dynamic matching game with two-sided incomplete information … competitive equilibria. -- Matching and bargaining ; search ; foundations for perfect competition ; two-sided incomplete …
Persistent link: https://www.econbiz.de/10003781441
This paper studies a decentralized, dynamic matching and bargaining market: buyers and sellers are matched into pairs … static results of the decentralized trading outcome with respect to the level of the search frictions. -- Dynamic Matching …
Persistent link: https://www.econbiz.de/10003730623
well-being and separation. We first estimate the marital surplus using a simple matching model of the marriage market with …
Persistent link: https://www.econbiz.de/10011952482
well-being and separation. We first estimate the marital surplus using a simple matching model of the marriage market with …
Persistent link: https://www.econbiz.de/10011913168
implements the full set of stable matchings in the existence of stability, and it ends up with Pareto Optimal matching in the …
Persistent link: https://www.econbiz.de/10011716017
We know from Gale and Shapley (1962) that every Two-Sided Matching Game has a stable solution. It is also well …
Persistent link: https://www.econbiz.de/10011716025
We develop a theory of stability in many-to-many matching markets. We give conditions under which the setwise …
Persistent link: https://www.econbiz.de/10011703024