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Hot answers tagged search-and-matching

Burdett and Mortensen (1998), Equation (22), Integral by parts question

The authors apply in the second step the exact same rules they used in the first step, regarding the calculation of the total differential of an integral, taking also into account that the integral is ...
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Accepted

elasticity of labor supply

We have that: $$L(s,H) = \frac{f(\theta)}{s + f(\theta)}H.$$ Take the derivative with respect to $\theta$:  \frac{\partial L}{\partial \theta} = \frac{f'(\theta)}{s + f(\theta)}H - \frac{f(\theta)}...
• 12.5k
Accepted

Question regarding preferences in Gale and Shapley (1962)

Gale and Shapley barely make any assumptions about preferences. They don't need a functional form, simply an ordinal ranking of the options. Moreover, there are no transfers in this setting, only the ...
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• 887
1 vote

Why is matching function increasing in arguments?

Let's refresh the definition of a partial derivative. partial derivative of a function of several variables is its derivative with respect to one of those variables, with the others held ...
• 1,007
1 vote

Price when both supply and demand have market power

I suppose one way to solve this - but I'm still looking for a proper way without - is to fall back to matching. If there is matching between the intermediate and the final stage, at zero search cost ...
• 10.7k
1 vote

Matching Theory: Search Time

The paper is a couple of years old by now, but I believe the first people to look seriously at the issues you're thinking of are Akbarpour, et al. It might be useful to look at that paper and the ...

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