Breen, John Mc; Goffette-Nagot, Florence; Jensen, Pablo - Groupe d'Analyse et de Théorie Économique Lyon … - 2009
We simulate a closed rental housing market with search and match- ing frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...