Sorting and decentralized price competition

DOI10.3982/ECTA7953MaRDI QIDQ3564689zbMATH OpenOpenAlexFDO

Authors Jan Eeckhout, Philipp Kircher

Publication date 26 May 2010

Published in Econometrica (Search for Journal in Brave)

Full work available at URL https://doi.org/10.3982/ecta7953

zbMATH Keywords

competitive search equilibriumcomplementaritydecentralized price competitiondirected searchroot-supermodularitysortingtwo-sided matching

Mathematics Subject Classification ID

Search theory (90B40) Microeconomic theory (price theory and economic markets) (91B24) Matching models (91B68) Heterogeneous agent models (91B69)

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Cited in

(36)

• Competitive search equilibrium with multidimensional heterogeneity and two-sided ex-ante investments
• Price competition between random and assortive matchmakers
• Dynamic directed random matching
• Intermediation in over-the-counter markets with price transparency
• Pricing, signalling, and sorting with frictions
• Income inequality and endogenous market structure under directed search
• Inefficient sorting under output sharing
• Targeted search, endogenous market segmentation, and wage inequality
• Multiple applications, competing mechanisms, and market power
• Downstream competition and upstream labor market matching
• Targeted search in matching markets
• Constrained efficiency with adverse selection and directed search
• Search frictions, competing mechanisms and optimal market segmentation
• The even split rule in positive assortative matching
• Misallocation inefficiency in partially directed search
• On the foundations of competitive search equilibrium with and without market makers
• Unravelling of Dynamic Sorting
• Assortative Matching with Explicit Search Costs
• Competitive equilibrium with search frictions: a general equilibrium approach
• Product design in selection markets
• MEETINGS AND MECHANISMS
• HETEROGENEITY, FRICTIONAL ASSIGNMENT, AND HOME‐OWNERSHIP
• Costly information acquisition in centralized matching markets
• Contracting and search with heterogeneous principals and agents
• Prediction algorithms in matching platforms
• Non-stationary search and assortative matching
• Assessing racial and educational segmentation in large marriage markets
• Economic consequences of vertical mismatch
• The technological origins of the decline in labor market dynamism
• Ratings design and barriers to entry
• Efficient investment, search, and sorting in matching markets
• Price discrimination and efficient matching
• Matching, search and intermediation with two-sided heterogeneity
• Introduction to search theory and applications
• Sorting versus screening: search frictions and competing mechanisms
• Sorting by search intensity

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