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Job security, stability, and production efficiency

Fu, Hu; Kleinberg, Robert D.; Lavi, Ron; Smorodinsky, Rann - In: Theoretical Economics 12 (2017) 1, pp. 1-24

We study a two-sided matching market with a set of heterogeneous firms and workers in an environment where jobs are … workers are gross substitutes to each firm. It turns out that by introducing job security, stability and efficiency may still …

Persistent link: https://www.econbiz.de/10012010061

The multiplier effect in two-sided markets with bilateral investments

Dizdar, Deniz; Moldovanu, Benny; Szech, Nora - 2017

Agents in a finite two-sided market make costly investments and are then matched assortatively based on these investments. Besides signaling complementary types, investments also generate benefits for partners. We shed light on quantitative properties of the equilibrium investment behavior. The...

Persistent link: https://www.econbiz.de/10011760395

The multiplier effect in two-sided markets with bilateral investments

Dizdar, Deniz; Moldovanu, Benny; Szech, Nora - 2017

Persistent link: https://www.econbiz.de/10011763164

The Multiplier Effect in Two-Sided Markets with Bilateral Investments

Dizdar, Deniz; Moldovanu, Benny; Szech, Nora - 2017

Agents in a finite two-sided market are matched assortatively, based on costly investments. Besides signaling private, complementary types, investments generate direct benefits for partners. We explore quantitative properties of the equilibrium investment behavior. The bilateral external...

Persistent link: https://www.econbiz.de/10011794142

Gale Shapley auf dem Arbeitsmarkt

Schüssler, Reinhard; Seidel, Christian - 2010

Wir definieren die Arbeitsproduktivität als Ergebnis der arbeitsplatzspezifischen Höhe und Übereinstimmung von Anforderungen des Arbeitsplatzes und Eigenschaften/Kompetenzen des Bewerbers und verwenden den Gale-Shapley Algorithmus als dezentrale doppelte Auktion zur Zuordnung von...

Persistent link: https://www.econbiz.de/10010308182

Transparent matching mechanisms

Möller, Markus - 2024

I study a central authority's ability to commit to a publicly announced mechanism in a one-to-one agent-object matching … model. The authority announces a strategy-proof mechanism and then privately selects a mechanism to initiate a matching. An … agent's observation in form of the final matching has an innocent explanation (Akbarpour and Li, 2020), if given the agent …

Persistent link: https://www.econbiz.de/10014536335

Labour market screening with intermediaries

Schweinzer, Paul - 2006

the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an …

Persistent link: https://www.econbiz.de/10010334061

Microeconomic models with latent variables: Applications of measurement error models in empirical industrial organization and labor economics

Hu, Yingyao - 2015

This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...

Persistent link: https://www.econbiz.de/10011445721

Gross substitutes and endowed assignment valuations

Ostrovsky, Michael; Paes Leme, Renato - In: Theoretical Economics 10 (2015) 3, pp. 853-865

We show that the class of preferences satisfying the Gross Substitutes condition of Kelso and Crawford (1982) is strictly larger than the class of Endowed Assignment Valuations of Hatfield and Milgrom (2005), thus resolving the open question posed by the latter paper. In particular, our result...

Persistent link: https://www.econbiz.de/10011599555

Vickerey allocation rule with income effect

Saitoh, Hiroki; Serizawa, Shigehiro - 2005

We consider situations where a society tries to efficiently allocate several homogeneous and indivisible goods among agents. Each agent receives at most one unit of the good. For example, suppose that a government wishes to allocate a fixed number of licenses to operate in its country to private...

Persistent link: https://www.econbiz.de/10010332345