Matching Heterogeneous Agents with a Linear Search Technology
2009; RELX Group (Netherlands); Linguagem: Inglês
10.2139/ssrn.1324644
ISSN1556-5068
Autores Tópico(s)Game Theory and Voting Systems
ResumoSteady state equilibria in heterogeneous agent matching models with search frictions have been shown to exist in Shimer and Smith (2000} under the assumption of a quadratic search technology. We extend their analysis to the commonly investigated linear search technology.
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