Search frictions, competing mechanisms and optimal market segmentation

DOI10.1016/J.JET.2017.03.002MaRDI QIDQ2397643zbMATHOpenAlexFDO

Authors Xiaoming Cai, Pieter A. Gautier, Ronald Wolthoff

Publication date 23 May 2017

Published in Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL http://papers.tinbergen.nl/16036.pdf

zbMATH Keywords

heterogeneitysearch frictionsmatching functioncompeting mechanismsmeeting technology

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26)

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Cites work

• scientific article; zbMATH DE number 3613366 (Why is no real title available?)
• scientific article; zbMATH DE number 3320765 (Why is no real title available?)
• A Competitive Distribution of Auctions
• A Directed Search Model of Inequality with Heterogeneous Skills and Skill?Biased Technology
• A revelation principle for competing mechanisms
• Adverse selection in competitive search equilibrium
• Competing with asking prices
• Competition among sellers who offer auctions instead of prices
• Directed Search for Equilibrium Wage-Tenure Contracts
• Directed search with multiple job applications
• Equilibrium Directed Search with Multiple Applications
• Equilibrium Distributions of Sales and Advertising Prices
• Frictional assignment. I: Efficiency
• Mechanism Design by Competing Sellers
• Meeting technologies and optimal trading mechanisms in competitive search markets
• On the Efficiency of Matching and Related Models of Search and Unemployment
• On-the-job search, mismatch and efficiency
• Pricing and signaling with frictions
• Sorting and decentralized price competition
• Sorting versus screening: search frictions and competing mechanisms

Cited in

(14)

• MEETINGS AND MECHANISMS
• Sorting versus screening: search frictions and competing mechanisms
• Constrained efficiency with adverse selection and directed search
• Sequentially mixed search and equilibrium price dispersion
• Should buyers or sellers organize trade in a frictional market?
• Bidding for incentive contracts
• A theory of production, matching, and distribution
• Multiple applications, competing mechanisms, and market power
• Competitive search markets for durable goods
• Search frictions, market power, and long-run growth
• Competitive search with ex-post opportunism
• Endogenous market segmentation with heterogeneous agents
• Meeting technologies and optimal trading mechanisms in competitive search markets
• Aggregation in economies with search frictions

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