G2TT
来源类型Discussion paper
规范类型论文
来源IDDP10579
DP10579 Asymmetric Sequential Search under Incomplete Information
Aner Sela; Yizhaq Minchuk
发表日期2015-05-10
出版年2015
语种英语
摘要We study a two-stage sequential search model with two agents who compete for one job. The agents arrive sequentially, each one in a different stage. The agents' abilities are private information and they are derived from heterogeneous distribution functions. In each stage the designer chooses an ability threshold. If an agent has a higher ability than the ability threshold in the stage in which he arrives, he gets the job and the search is over. We analyze the equilibrium ability thresholds imposed by the designer who wishes to maximize the ability of the agent who gets the job minus the search cost. We also investigate the ratio of the equilibrium ability thresholds as well as the optimal allocation of agents in both stages according to the agents' distributions of abilities.
主题Industrial Organization
关键词Asymmetric information Sequential search
URLhttps://cepr.org/publications/dp10579
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539411
推荐引用方式
GB/T 7714
Aner Sela,Yizhaq Minchuk. DP10579 Asymmetric Sequential Search under Incomplete Information. 2015.
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