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This paper aims at build a multiple matching model, in which the decision of activity on the labour market is endogeneous. Most of works on the labour market concern the only demand side. The policies applied on this side of the labour market do not consider the supply side as endogeneous. Thus,...
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corporate staff continually search for better practices while consumers search among units to find a better match. The main … centralized form though an increased rate of consumer search differentially benefits the decentralized form. …
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Incorporating labor market search in general equilibrium models has been shown to generate realistic dynamics in … into new employment, models with labor market search are still found to generate larger and more persistent propagation of …
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Existing search-theoretical model of money have in general abstracted from the existence and accumulation of other …
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Modularity has recently become an important concept in economics and management science alike (Ulrich 1995; Baldwin and Clark 2000). However, it is not always clear what is meant by modularity as formal treatments are rare. The aim of this paper is threefold. First, we want to provide a rigorous...
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optimization problems to be submitted to NEOS over the Internet. NEOS then directs one or more computers to solve the problem. NEOS …
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Buyers' search behaviors on electronic markets are characterized by two distinctive features: i) diminishing search … empirical studies) or in some market' crashes. Second, we study the impact of a decrease in search costs. We also point to the … existence of a non deterministic relationship between market's efficiency and search costs. This suggests that the use of a …
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