Unraveling results from comparable demand and supply

an experimental investigation

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Unraveling results from comparable demand and ...
Muriel Niederle
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Last edited by MARC Bot
October 29, 2020 | History

Unraveling results from comparable demand and supply

an experimental investigation

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"Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early offers and workers are willing to accept them. We present a model and experiment in which workers' quality becomes known only in the late part of the market. However, in equilibrium, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a shortage of high quality applicants"--National Bureau of Economic Research web site.

Publish Date
Language
English

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Edition Availability
Cover of: Unraveling results from comparable demand and supply
Cover of: Unraveling results from comparable demand and supply
Unraveling results from comparable demand and supply: an experimental investigation
2009, National Bureau of Economic Research
Electronic resource in English

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Book Details


Edition Notes

Title from PDF file as viewed on 6/16/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.

Published in
Cambridge, MA
Series
NBER working paper series -- working paper 15006, Working paper series (National Bureau of Economic Research : Online) -- working paper no. 15006.

Classifications

Library of Congress
HB1

The Physical Object

Format
Electronic resource

ID Numbers

Open Library
OL23683728M
LCCN
2009656009

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Download catalog record: RDF / JSON
October 29, 2020 Edited by MARC Bot import existing book
December 10, 2009 Created by WorkBot add works page