Poisson Search

Francesco De Sinopoli, Leo Ferraris and Claudia Meroni

Journal of Mathematical Economics, 2024, vol. 112, issue C

Abstract: We present a model of the job market where the number of workers and companies is uncertain, representing the job search activity as a Poisson game. We allow for heterogeneity of workers and companies and show that in equilibrium more productive types choose higher terms of trade. The Poisson search model gives rise to multiple, possibly inefficient equilibria.

Keywords: Poisson games; Labor search (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:112:y:2024:i:c:s0304406824000430

DOI: 10.1016/j.jmateco.2024.102981

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