Now showing items 1-2 of 2
Directed Search over the Life Cycle
(University of Edinburgh, 2015-01)
We develop a life-cycle model of the labor market in which different worker-firm matches have different quality and the assignment of the right workers to the right firms is time consuming because of search and learning ...
Competing with Asking Prices
(University of Edinburgh, 2015-05-26)
In many markets, sellers advertise their good with an asking price. This is a price at which the seller will take his good off the market and trade immediately, though it is understood that a buyer can submit an offer below ...