Showing 1 - 10 of 1,497
We analyse consumers' search and purchase decisions on an Internet platform. Using a rich dataset on all adverts posted and transactions made on a major French Internet platform (PriceMinister), we show evidence of substantial price dispersion among adverts for the same product. We also show...
Persistent link: https://www.econbiz.de/10010436160
We investigate empirically how sellers react to changes in the population of their consumers, identifying the effects of demand composition and demand size with limited information on costs. We show how pharmacists in Italy selectively increase the price of some products when they observe in...
Persistent link: https://www.econbiz.de/10010409981
We investigate the effect of search frictions on labor market sorting by constructing a model which is in line with recent evidence that employers collect a pool of applicants before interviewing a subset of them. In this environment, we derive the necessary and sufficient conditions for sorting...
Persistent link: https://www.econbiz.de/10012583359
This paper examines how individuals select into job search in terms of their individual qualifications and perceptions and measures how recruiting additional applicants with a modest job-search subsidy affects selection. I use experimental evidence to examine individuals' decisions to attend and...
Persistent link: https://www.econbiz.de/10012296667
Our paper conducts laboratory experiments with the sequential search model to test whether participants engage in search activities in line with theoretical predictions derived from the expected utility model or the reference-dependent model, without assuming any specific formulation rule for a...
Persistent link: https://www.econbiz.de/10012019322
The paper develops a committee search model with ex-ante heterogeneous agents and designs laboratory experiments to test theoretical predictions. In the theoretical part of the study, there exists one and only one pivotal voter, who can perfectly and dominantly control the voting results of the...
Persistent link: https://www.econbiz.de/10011647670
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search …
Persistent link: https://www.econbiz.de/10010239264
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections, driven by microeconomic frictions and impacted upon by macroeconomic factors such as monetary policy, could also be to blame. This paper shows that labor and credit market...
Persistent link: https://www.econbiz.de/10011336864
Married individuals match with spouses who share their occupation more frequently than predicted by chance, suggesting either a preference for same-occupation matches or lower search costs within occupation. To distinguish between these explanations, we use a differences-in-differences strategy...
Persistent link: https://www.econbiz.de/10010394002
Worker sorting into tasks and occupations has long been recognized as an important feature of labor markets. But this sorting may be inefficient if jobseekers have inaccurate beliefs about their skills and therefore apply to jobs that do not match their skills. To test this idea, we measure...
Persistent link: https://www.econbiz.de/10014394213