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Efficient club formation in a frictional environment

Julien, Benoit; Kennes, John; Ritter, Moritz - In: Economics Letters 125 (2014) 3, pp. 372-375

We study the assignment of agents to clubs in a frictional market environment. Club entry is endogenous and clubs compete by posting reserve prices in a competing auctions game prior to the agents’ decisions regarding which club to visit. The competing auctions equilibrium is constrained...

Persistent link: https://www.econbiz.de/10011116214

Underemployment, on-the-job search, and the Beveridge curve

Kennes, John - In: Economics Letters 91 (2006) 2, pp. 167-172

Persistent link: https://www.econbiz.de/10005355565

The Mortensen rule and efficient coordination unemployment

Julien, Benoit; Kennes, John; King, Ian - In: Economics Letters 90 (2006) 2, pp. 149-155

Persistent link: https://www.econbiz.de/10005307678

Efficient search and recruiting: Choosing sides in matching games

Kennes, John - In: Economics Letters 54 (1997) 1, pp. 59-63

Persistent link: https://www.econbiz.de/10005362063