Matching, search, and bargaining
type: Item
instance of: scholarly article
title: Matching, search, and bargaining
zbMATH Open document ID: 0622.90015
DOI: 10.1016/0022-0531(87)90090-1
author: Asher Wolinsky
published in: Journal of Economic Theory
publication date: 1987-01-01T00:00:00Z
review text: First, the paper incorporates search for alternative opportunities into a model of strategic bargaining. Second, this search and bargaining model is embedded in a market matching model. The solutions are presented in a manner that clarifies the role of the search abilities and the details of the bargaining procedure in the determination of the outcomes. The predictions of the model are contrasted with the related literature. The main accomplishment is the attainment of a manageable model which is still rich enough to grasp important differences between environments which are not captured by the standard matching models.
Mathematics Subject Classification ID: 91B60
zbMATH DE Number: 4010168
zbMATH Keywords: search for alternative opportunities
zbMATH Keywords: strategic bargaining
zbMATH Keywords: market matching
MaRDI profile type: Publication
full work available at URL: 0022-0531(87)90090-1
OpenAlex ID: W1995879347
cites work: Q4070950
cites work: Bargaining conventions
cites work: Discounted Dynamic Programming
cites work: Finite state Markovian decision processes
cites work: Sequences of Games with Varying Opponents
cites work: Perfect Equilibrium in a Bargaining Model
cites work: Equilibrium in a Market with Sequential Bargaining
cites work: Involuntary Unemployment as a Perfect Equilibrium in a Bargaining Model
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description: scientific article; zbMATH DE number 4010168