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Showing 1 to 5 of 5 for “"Competitive search"”.

  1. Essays on the macroeconomics of the labor markets

    … Chapter 1, I study the efficiency properties of competitive search equilibria in economies with informational asymmetries. Employers and workers are both risk-neutral and ex-ante homogeneous. I characterize an equilibrium where employers post contracts and workers direct their search towards …

    mit Repository record for Essays on the macroeconomics of the labor markets (opens in a new tab)

  2. Essays in search theory

    I investigate search models in which firms wish to employ multiple workers. I first focus on efficiency. One important approach to modeling frictional labor markets is competitive search equilibrium, in which workers direct their search towards wages that firms commit to pay them upon hire. If each …

    mit Repository record for Essays in search theory (opens in a new tab)

  3. Cow-path games : tactical strategies to search for scarce resources

    This thesis investigates search scenarios in which multiple mobile, self-interested agents, cows in our case, compete to capture targets. The problems considered in this thesis address search strategies that reflect (i) the need to efficiently search for targets given a prior on their location, and …

    mit Repository record for Cow-path games : tactical strategies to search for scarce resources (opens in a new tab)

  4. Applications of Search Theory in Finance

    <p>In this dissertation, I apply two types of search based theoretical models to interpret two important issues in finance, respectively. (1)The first essay belongs to the field of corporate finance, in which a random search model is set up to describe the pre-IPO market searching and matching …

    syracuse-diss Repository record for Applications of Search Theory in Finance (opens in a new tab)

  5. Essays in heterogeneous agent macroeconomics.

    … to adverse selection. I use recent advances in competitive search theory to imbed Akerlof's Rat Race into a Neo-Classical growth model with search frictions. Firms bundle high earnings with long hours in order to separate more able and willing workers from the less productive. When low …

    umn Repository record for Essays in heterogeneous agent macroeconomics. (opens in a new tab)