Sorting and Decentralized Price Competition

DOI10.3982/ECTA7953zbMath1229.91249OpenAlexW2253499525MaRDI QIDQ3564689

Jan Eeckhout, Philipp Kircher

Publication date: 26 May 2010

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta7953

zbMATH Keywords

sortingcomplementaritytwo-sided matchingdirected searchcompetitive search equilibriumdecentralized price competitionroot-supermodularity

Mathematics Subject Classification ID

Search theory (90B40) Microeconomic theory (price theory and economic markets) (91B24) Matching models (91B68) Heterogeneous agent models (91B69)

Related Items (21)

Income inequality and endogenous market structure under directed search ⋮ Search frictions, competing mechanisms and optimal market segmentation ⋮ Inefficient sorting under output sharing ⋮ Targeted search, endogenous market segmentation, and wage inequality ⋮ Competitive search equilibrium with multidimensional heterogeneity and two-sided ex-ante investments ⋮ The even split rule in positive assortative matching ⋮ MEETINGS AND MECHANISMS ⋮ Competitive equilibrium with search frictions: a general equilibrium approach ⋮ HETEROGENEITY, FRICTIONAL ASSIGNMENT, AND HOME‐OWNERSHIP ⋮ Misallocation inefficiency in partially directed search ⋮ On the foundations of competitive search equilibrium with and without market makers ⋮ Costly information acquisition in centralized matching markets ⋮ Dynamic directed random matching ⋮ Multiple applications, competing mechanisms, and market power ⋮ Introduction to search theory and applications ⋮ Sorting versus screening: search frictions and competing mechanisms ⋮ Sorting by search intensity ⋮ Targeted search in matching markets ⋮ Intermediation in over-the-counter markets with price transparency ⋮ Constrained efficiency with adverse selection and directed search ⋮ Pricing, signalling, and sorting with frictions

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