Indeterminacy and directed search.

DOI10.1016/S0022-0531(03)00086-3zbMath1043.91026OpenAlexW2076366802MaRDI QIDQ1406468

Melvyn G. Coles, Jan Eeckhout

Publication date: 4 September 2003

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0022-0531(03)00086-3

zbMATH Keywords

IndeterminacyDirected search

Mathematics Subject Classification ID

Search theory (90B40) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items (14)

Competing mechanisms with multi-unit consumer demand ⋮ Income inequality and endogenous market structure under directed search ⋮ Bidding for incentive contracts ⋮ Inflation tax in the lab: a theoretical and experimental study of competitive search equilibrium with inflation ⋮ DIRECTED SEARCH AND THE BERTRAND PARADOX ⋮ Competitive search equilibrium with multidimensional heterogeneity and two-sided ex-ante investments ⋮ Directed Search with Endogenous Capacity ⋮ Directed search with multi-vacancy firms ⋮ High profit equilibria in directed search models ⋮ Wage-vacancy contracts and coordination frictions ⋮ A model of merchants ⋮ Multiple applications, competing mechanisms, and market power ⋮ Directed search and optimal production ⋮ Sorting versus screening: search frictions and competing mechanisms

Cites Work

• A revelation principle for competing mechanisms
• Uniqueness and indeterminacy: On the dynamics of endogenous growth
• Indivisibilities, lotteries, and sunspot equilibria
• Competition among sellers who offer auctions instead of prices
• Market Uncertainty: Correlated and Sunspot Equilibria in Imperfectly Competitive Economies
• Ex Ante Price Offers in Matching Games Non-Steady States
• Mechanism Design by Competing Sellers
• Growth and Indeterminancy in Dynamic Models with Externalities
• A Competitive Distribution of Auctions

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