Unver, M. Utku Ünver; Niederle, Muriel; Roth, Alvin E. - Department of Economics, Boston College - 2008
from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a … unraveling can only occur when firms are willing to make early offers and workers are willing to accept them. We present a model …