Frictional Matching Models
回顾1990至2010年摩擦匹配模型的发展,利用不确定性下的单调方法研究搜索摩擦如何使匹配发生偏斜,并详述均衡存在性的不同证明方法。
This article reviews the developments in frictional matching models from 1990 to 2010, exploring how search frictions skew the matches that occur. This research succeeded by exploiting new tools from monotone methods under uncertainty. Seeing how this journey plays out is instructive in itself for economic theory. The article also describes in detail the different attacks on the existence of equilibrium required for these search and matching models.