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mechanisms that allow for ex post Bertrand competition generate the maximum matching on a realized network. -- efficiency …
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. Only wage mechanisms that allow for ex post competition generate the maximum matching on a realized network. We show that …
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all their candidates) only wage mechanisms that allow for ex post Bertrand competition generate the maximum matching on a …
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We study a search model where workers can send multiple applications to high and low productivity firms. Firms that compete for the same candidate can increase their wage offers as often as they like. We show that there is a unique equilibrium where workers mix between sending both applications...
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