Caliendo, Marco; Cobb-Clark, Deborah A.; Uhlendorff, Arne - In: The Review of Economics and Statistics 97 (2015) 1, pp. 88-103
Standard job search theory assumes that unemployed individuals have perfect information about the effect of their search effort on the job offer arrival rate. We present an alternative model that assumes that each individual has a subjective belief about the impact of her search effort on the...
