Showing 91 - 100 of 38,963
Consider Becker's 1973 classic matching model, with unobserved fixed types and stochastic publicly observed output. If … types are complementary, then matching is assortative in the known Bayesian posteriors (the 'reputations'). We discover a … robust failure of Becker's result in the simplest dynamic two type version of this world. Assortative matching is generally …
Persistent link: https://www.econbiz.de/10014071269
unique outcome, the worker-optimal matching …
Persistent link: https://www.econbiz.de/10014073892
We introduce the notion of expectational equilibrium in a very general specification of the many-to-one matching with …
Persistent link: https://www.econbiz.de/10014095483
We characterize the core many-to-one matchings as fixed points of a map. Our characterization gives an algorithm for finding core allocations; the algorithm is efficient and simple to implement. Our characterization does not require substitutable preferences, so it is separate from the structure...
Persistent link: https://www.econbiz.de/10014066117
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair …
Persistent link: https://www.econbiz.de/10014166273
to the existing literature by introducing a search and matching scheme in the financial market into a cash in advance New …
Persistent link: https://www.econbiz.de/10013027930
This paper compares pre-commitment investment strategy in a linear public goods game using two different matching … protocols: assortative and random matching. We express the payoff function as an investment decision in which players pre … assortative matching treatment is remarkably high and is close to 90 percent of the initial endowment, when compared to the random …
Persistent link: https://www.econbiz.de/10013028123
's matching model of unemployment. To the best of our knowledge, this is the first attempt that has been made to implement and … systematically compare these solutions in search-matching economies. Our results are twofold. First from the theoretical …/methodological viewpoint, we extend a somewhat flexible search-matching economy to alternative bargaining solutions. In particular, we prove …
Persistent link: https://www.econbiz.de/10009007407
I develop a model of firm-to-firm search and matching to show that the impact of falling trade costs on firm sourcing …
Persistent link: https://www.econbiz.de/10013305680
Recruiting agents, or "programs" costly screen "applicants" in matching processes, and congestion in a market increases … programs; however, they may harm match quality. In a multiple-elicitation experiment conducted in a real-life matching market …
Persistent link: https://www.econbiz.de/10012896762