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This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10010282273
In frictional matching markets, buyers incur discrete inspection costs when assessing the suitability of goods on offer, and sellers incur discrete 'show' costs. This paper studies how intermediaries can help reduce these costs. Intermediaries, whose value derives from inventory, learning and...
Persistent link: https://www.econbiz.de/10008529177
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10010556275
This paper proposes an elementary empirical framework to study behavioral marriage matching models, the Cobb Douglas marriage matching function (CD MMF). It accommodates different kinds of relationships, peer and scale effects, changes in population supplies and gains to relationships. The CD...
Persistent link: https://www.econbiz.de/10014139535
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10013106641
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10013107170
This paper presents a tractable framework for studying frictionless matching in school, work, and marriage when individuals have heterogeneous social and cognitive skills. In the model, there are gains to specialization and team production, but specialization requires communication and...
Persistent link: https://www.econbiz.de/10009537710