make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …

prevalence of social networks in job search there is as yet no consensus on the mechanisms for why referrals are so important: an …

model, the search and matching theory and behavioral economics. Concerning the latter, we propose a new framework to explain …We review the existing literature on the causes of vacancies in the housing market. First, we present a detailed … vacancies in the housing market in the context of prospect theory which could be extended by future research. Second, we …

make investments before matching in a competitive market. We introduce the notion of premuneration values—the values to the …

in the presence of search frictions and when utility is non-transferable. We depart from standard matching models where … have the same matching pattern, implying that the value of search to each agent is the same. Although perfect assortative … matching cannot be obtained in equilibrium, the degree of assortativeness is nevertheless greater than in standard models. …

make investments before matching in a competitive market. We introduce the notion of premuneration values---the values to …

resides in between the random matching and the directed search outcomes. The equilibrium that emerges from this middle ground …We present a theory of targeted search, where people with a finite information processing capacity search for a match … is inefficient relative to the constrained Pareto allocation. Our theory encompasses the outcomes of the random matching …

surplus in the absence of interagent transfers. Most of the work in the large bargaining-and matching literature ignores this …

make investments before matching in a competitive market. We introduce the notion of premuneration values—the values to the …