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This dissertation studies equilibrium matching patterns in the marriage and labor markets when agents have heterogeneous preferences over partner's traits. Economic analysis of matching has previously focused largely on equilibria obtained when agents have homogeneous preferences. While this...
Persistent link: https://www.econbiz.de/10009438583
Lab evidence on trust games involves more cooperation than conventional economic theory predicts. We explore whether this pattern extends to a field setting where (much like in a lab) we are able to control for (lack of) repeat-play and reputation: cab drivers in Mexico City. We find a...
Persistent link: https://www.econbiz.de/10015235946
Lab evidence on trust games involves more cooperation than conventional economic theory predicts. We explore whether this pattern extends to a field setting where we are able to control for (lack of) repeat-play and reputation: the taxi market in Mexico City. We find a remarkably high degree of...
Persistent link: https://www.econbiz.de/10015268807
We develop, and experimentally test, models of informal agreements. Agents are assumed to be honest but suffer costs of overcoming temptations. We extend two classical bargaining solutions -- split-the-difference and deal-me-out -- to this informal agreement setting. For each solution there are...
Persistent link: https://www.econbiz.de/10015253008