Sorting through Search and Matching Models in Economics
Jan Eeckhout () and
Lones Smith ()
Journal of Economic Literature, 2017, vol. 55, issue 2, 493-544
Toward understanding assortative matching, this is a self-contained introduction to research on search and matching. We first explore the nontransferable and perfectly transferable utility matching paradigms, and then a unifying imperfectly transferable utility matching model. Motivated by some unrealistic predictions of frictionless matching, we flesh out the foundational economics of search theory. We then revisit the original matching paradigms with search frictions. We finally allow informational frictions that often arise, such as in college-student sorting.
JEL-codes: C78 D82 D83 I23 J12 (search for similar items in EconPapers)
Note: DOI: 10.1257/jel.20150777
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37) Track citations by RSS feed
Downloads: (external link)
https://www.aeaweb.org/articles/attachments?retrie ... mf27Arq3WXh4ySuFnz5Y (application/zip)
Access to full text is restricted to AEA members and institutional subscribers.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:aea:jeclit:v:55:y:2017:i:2:p:493-544
Ordering information: This journal article can be ordered from
Access Statistics for this article
Journal of Economic Literature is currently edited by Steven Durlauf
More articles in Journal of Economic Literature from American Economic Association Contact information at EDIRC.
Bibliographic data for series maintained by Michael P. Albert ().