Matching, search, and bargaining

Asher Wolinsky*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

56 Scopus citations

Abstract

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.

Original languageEnglish (US)
Pages (from-to)311-333
Number of pages23
JournalJournal of Economic Theory
Volume42
Issue number2
DOIs
StatePublished - Aug 1987

ASJC Scopus subject areas

  • Economics and Econometrics

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