Showing 1 - 10 of 392
We propose a new sorting framework: composite sorting. Composite sorting comprises of (1) distinct worker types assigned to the same occupation, and (2) a given worker type simultaneously being part of both positive and negative sorting. Composite sorting arises when fixed investments mitigate...
Persistent link: https://www.econbiz.de/10014372413
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships …. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions …
Persistent link: https://www.econbiz.de/10015194999
Are labor markets in higher-income countries more meritocratic, in the sense that worker-job matching is based on … the role of worker-job matching in development accounting, we build an equilibrium matching model that allows for cross … determine match feasibility; (ii) technology, which determines the returns to matching; and (iii) idiosyncratic matching …
Persistent link: https://www.econbiz.de/10014528414
among partners' skills in match output? We develop a matching model in which risk-averse agents, who differ in skills, match …. We then highlight a new implication of positive sorting on exogenous skills for matching patterns on endogenous …
Persistent link: https://www.econbiz.de/10014468251
between trading firms, the presence of positive assortative matching among firms, and their evolution during the business …
Persistent link: https://www.econbiz.de/10014512101
We study the volunteer's dilemma in environments with heterogeneous preferences and private information. We characterize the efficiency properties of equilibrium, which is a departure from all the previous literature that focuses only on the probability of group success. While the probability of...
Persistent link: https://www.econbiz.de/10015072940
We conduct an incentivized lab experiment to test participants' ability to understand the DA matching mechanism and the …
Persistent link: https://www.econbiz.de/10015094862
Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper shows that incorporating altruism into cooperative...
Persistent link: https://www.econbiz.de/10013388855
Kidney exchange emerges as a pioneering application in the early stages of market design. In contrast to most other successful applications in the field, where design economists primarily serve as consultants to decision-makers, in the context of kidney exchange, they assumed the role of...
Persistent link: https://www.econbiz.de/10014447262
We introduce a novel approach to solving dynamic programming problems, such as those in many economic models, on a quantum annealer, a specialized device that performs combinatorial optimization. Quantum annealers attempt to solve an NP-hard problem by starting in a quantum superposition of all...
Persistent link: https://www.econbiz.de/10014322714