The economics of search:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London [u.a.]
Routledge
2008
|
| Ausgabe: | 1. publ. |
| Schriftenreihe: | Routledge advances in experimental and computable economics
1 |
| Schlagworte: | |
| Online-Zugang: | Table of contents only Inhaltsverzeichnis |
| Beschreibung: | Hier auch später erschienene, unveränderte Nachdrucke Includes bibliographical references and index |
| Beschreibung: | XXII, 251 S. graph. Darst. |
| ISBN: | 9780415753982 |
Internformat
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| 245 | 1 | 0 | |a The economics of search |c Brian P. McCall and John J. McCall |
| 250 | |a 1. publ. | ||
| 264 | 1 | |a London [u.a.] |b Routledge |c 2008 | |
| 300 | |a XXII, 251 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a Routledge advances in experimental and computable economics |v 1 | |
| 500 | |a Hier auch später erschienene, unveränderte Nachdrucke | ||
| 500 | |a Includes bibliographical references and index | ||
| 505 | 8 | |a v. 1. Mathematical methods -- The history and evolution of sequential analysis -- The basic sequential search model and its ramifications -- Estimation methods for duration models -- Unemployment, unemployment insurance, and sequential job search -- Job search in a dynamic economy -- Expected utility maximizing job search -- Multi-armed bandits and their economic applications -- A sample of early response to Diamond's paradox and Rothschild's complaint -- Equilibrium search after the Diamond-Mortensen-Pissarides breakthrough -- Structural estimation methods -- The ubiquity of search -- Topics for further inquiry. | |
| 650 | 4 | |a Economics - Mathematical models | |
| 650 | 4 | |a Search theory | |
| 650 | 4 | |a Mathematisches Modell | |
| 650 | 4 | |a Wirtschaft | |
| 650 | 4 | |a Economics |x Mathematical models | |
| 650 | 4 | |a Search theory | |
| 650 | 0 | 7 | |a Suchtheorie |0 (DE-588)4233396-9 |2 gnd |9 rswk-swf |
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| 830 | 0 | |a Routledge advances in experimental and computable economics |v 1 |w (DE-604)BV023283119 |9 1 | |
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| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-016429112 | |
Datensatz im Suchindex
| _version_ | 1805087056043442176 |
|---|---|
| adam_text |
THE ECONOMICS OF SEARCH BRIAN P. MCCALL AND JOHN J. MCCALL S J ROUTLEDGE
^ TAYLOR & FRANCIS GROUP LONDON AND NEW YORK CONTENTS LIST OF FIGURES
XIII LIST OF TABLES XIV PREFACE XV 1 INTRODUCTION 1 1.1 PRELIMINARIES 1
1.2 CONTRACTS, INCENTIVES AND ASYMMETRIC INFORMATION 6 1.3 SEARCH THEORY
8 1.4 INSTITUTIONAL ASPECTS OF SEARCH ECONOMICS 9 1.5 THE EXPLANATORY
POWER OF ECONOMIC SEARCH 10 1.6 OUTLINE OF THIS VOLUME 11 2 MATHEMATICAL
METHODS 19 2.1 INTRODUCTION 19 2.2 MARKOV CHAINS AND RELATED PROCESSES
19 2.3 AN INTRODUCTION TO STOCHASTIC DYNAMIC PROGRAMMING 34 2.4 SOME
RESULTS IN PROBABILITY THEORY: A MEASURE THEORETIC APPROACH 41 2.5 THE
POISSON PROCESS 45 3 THE HISTORY AND EVOLUTION OF SEQUENTIAL ANALYSIS 49
3.1 INTRODUCTION 49 3.2 EARLY LITERARY AND INTUITIVE CONTRIBUTIONS TO
THE ECONOMICS OF JOB SEARCH 50 3.3 STIGLER'S INSIGHTS 52 3.4 STIGLER'S
MODEL 53 3.5 EARLY MATHEMATICAL CONTRIBUTIONS TO THE ECONOMICS OF JOB
SEARCH 55 3.6 THE SEQUENTIAL JOB SEARCH MODEL 57 VIII CONTENTS 3.7
SEQUENTIAL ANALYSIS: A DEEPER MATHEMATICAL PERSPECTIVE 58 3.8 OPTIMAL
STOPPING THEORY 59 3.9 MARKOV DECISION PROCESSES 63 3.10 THE FOUR
STELLAR EXAMPLES OF MDPS 63 4 THE BASIC SEQUENTIAL SEARCH MODEL AND ITS
RAMIFICATIONS 65 4.1 INTRODUCTION 65 4.2 AN IMPORTANT EXAMPLE 69 4.3 THE
FIXED-SAMPLE SIZE MODEL 70 4.4 THE BASIC SEQUENTIAL SEARCH MODEL:
INFINITE TIME HORIZON, NO DISCOUNTING 72 4.5 AN ALTERNATIVE VIEW OF THE
RESERVATION WAGE 74 4.6 INFINITE TIME HORIZON: DISCOUNTING 75 4.7
INFINITE TIME HORIZON WITH DISCOUNTING AND A RANDOM NUMBER OF JOB OFFERS
76 4.8 RISKY ORDERING AND SEQUENTIAL SEARCH 77 4.9 THE BASIC SEQUENTIAL
MODEL: SEARCH FOR THE LOWEST PRICE 81 4.10 OPTIMAL STOPPING 89 4.11
FINITE TIME HORIZON 90 4.12 ON-THE-JOB SEARCH 92 4.13 SEARCH IN THE
PRESENCE OF EXPERIENCE QUALITIES: THE LIPPMAN AND MCCALL BELATED
INFORMATION MODEL 94 4.14 THE LUCAS EQUILIBRIUM MODEL FOR THE BASIC
SEQUENTIAL SEARCH MODEL 97 4.15 RESERVATION WAGE PROPERTY PRESERVED IN A
CONTINUOUS SEARCH MODEL 98 4.16 OPTIMAL REPLACEMENT POLICY 100 4.17
MARTINGALES AND THE.EXISTENCE OF A RESERVATION WAGE 101 APPENDIX 4.1: A
NAIVE COMPARISON OF FSM AND BSM 103 APPENDIX 4.II: A MORE SOPHISTICATED
COMPARISON OF FSM AND BSM 106 APPENDIX 4.III: THE FRENCH VERSION OF BSM
110 5 ESTIMATION METHODS FOR DURATION MODELS 11 6 5.1 INTRODUCTION 116
5.2 HAZARD FUNCTIONS 117 5.3 COUNTING PROCESSES AND MARTINGALES 121 5.4
PARAMETRIC METHODS FOR CONTINUOUS-TIME DATA WITH COVARIATES 129 5.5 THE
COX REGRESSION MODEL 136 5.6 DISCRETE-TIME DURATION DATA 143 CONTENTS IX
5.7 MULTI-SPELL DISCRETE-TIME MODELS 149 5.8 COMPETING RISK MODELS 151
5.9 GENERAL DISCRETE-TIME LIFE HISTORY MODELS 154 5.10 SPECIFICATION
TESTS FOR DURATION MODELS 159 6 UNEMPLOYMENT, UNEMPLOYMENT INSURANCE AND
SEQUENTIAL JOB SEARCH 161 6.1 INTRODUCTION 162 6.2 MISMATCH UNEMPLOYMENT
163 6.3 LAYOFF UNEMPLOYMENT WITH POSITIVE PROBABILITY OF RECALL: THE
TEMPORARY LAYOFF 168 6.4 UNEMPLOYMENT INSURANCE AND JOB SEARCH DECISIONS
(MORTENSEN 1977) 171 6.5 MORE ON THE INCENTIVE EFFECTS OF UNEMPLOYMENT
INSURANCE 177 6.6 EFFICIENT UNEMPLOYMENT INSURANCE (ACEMOGLU AND SHIMER
1999) 184 6.7 MORE ON OPTIMAL UMEMPLOYMENT INSURANCE 191 7 JOB SEARCH IN
A DYNAMIC ECONOMY 198 7.1 INTRODUCTION 198 7.2 SEARCH IN A DYNAMIC
ECONOMY (LIPPMAN AND MCCALL) 199 7.3 LABOR MARKET INTERPRETATION 202 7.4
VARIABLE INTENSITY OF SEARCH 203 7.5 THE BASIC THEOREM 205 7.6 WEALTH
AND SEARCH 206 7.7 SYSTEMATIC SEARCH 207 7.8 OPTIMAL QUITTING POLICIES
208 7.9 MONOTONE MARKOV CHAINS AND THEIR APPLICATIONS: CONLISK'S
RESEARCH 208 7.10 RECENT RESEARCH BY MULLER AND STOYAN 214 8 EXPECTED
UTILITY MAXIMIZING JOB SEARCH 217 8.1 INTRODUCTION 217 8.2
CHARACTERIZING RISK AND RISK AVERSION 218 8.3 COMPARATIVE STATICS
RESULTS 225 8.4 APPLICATIONS OF THEOREM 8.8 226 8.5 THE BASIC JOB SEARCH
MODEL 227 8.6 EXPECTED UTILITY MAXIMIZING SEARCH WITH RECALL 229 8.7
EXPECTED UTILITY MAXIMIZING SEARCH WITHOUT RECALL 241 8.8 RISK AVERSION
AND THE WAGE GAP 244 8.9 CONSUMPTION COMMITMENTS AND LOCAL RISK AVERSION
244 X CONTENTS 9 MULTI-ARMED BANDITS AND THEIR ECONOMIC APPLICATIONS 246
9.1 INTRODUCTION 246 9.2 THE MULTI-ARMED BANDIT PROBLEM 246 9.3 GENERAL
MAB FRAMEWORK 256 9.4 A MODEL OF JOB SEARCH WITH HETEROGENEOUS
OPPORTUNITIES 257 9.5 MILLER'S MODEL OF JOB MATCHING AND OCCUPATIONAL
CHOICE 262 9.6 SUPERPROCESSES: ADDING DECISIONS TO BANDITS 265 9.7
DISCOUNTED RESTLESS BANDITS 272 10 A SAMPLE OF EARLY RESPONSES TO
DIAMOND'S PARADOX AND ROTHSCHILD'S COMPLAINT 277 10.1 INTRODUCTION 277
10.2 PRICE DISPERSION 279 10.3 MATCHMAKING 280 10.4 SEARCH TECHNOLOGY
280 10.5 PRINCIPAL-AGENT PROBLEMS AND DURABLE MATCHES 281 10.6
EQUILIBRIUM MODELS OF PRICE DISPERSION 281 10.7 GENERAL STRUCTURE OF
EQUILIBRIUM MODELS 300 11 EQUILIBRIUM SEARCH AFTER THE
DIAMOND-MORTENSEN-PISSARIDES BREAKTHROUGH 303 11.1 INTRODUCTION 303 11.2
TWO-SIDED SEARCH AND WAGE DETERMINATION: THE MORTENSEN-PISSARIDES
APPROACH 305 11.3 MATCHING TECHNOLOGY 306 11.4 SEARCH EQUILIBRIUM 308
11.5 EQUILIBRIUM UNEMPLOYMENT (MORTENSEN AND PISSARIDES 1999) 309 11.6
WAGE DIFFERENTIALS, EMPLOYER SIZE, AND UNEMPLOYMENT 313 11.7 EQUILIBRIUM
SEARCH WITH OFFERS AND COUNTEROFFERS 317 11.8 COMPETITIVE SEARCH
EQUILIBRIUM 324 11.9 LABOR MARKET POLICIES IN AN EQUILIBRIUM SEARCH
MODEL (LUCAS-PRESCOTT IN ACTION) 325 11.10 THE SEARCH CONTRIBUTIONS OF
LARS LJUNGQVIST AND TOM SARGENT 331 11.11 TWO-SIDED SEARCH, MARRIAGE AND
MATCHMAKERS 345 11.12 BILATERAL SEARCH AND VERTICAL HETEROGENEITY 349
11.13 TWO-SIDED SEARCH WITH FIXED SEARCH COSTS 350 11.14
ROCHETEAU-WRIGHT MODELS OF SEARCH AND MONEY 353 11.15 RECENT DISCOVERIES
354 CONTENTS XI 12 STRUCTURAL ESTIMATION METHODS 356 12.1 INTRODUCTION
356 12.2 EARLY MODELS (KIEFER AND NEUMANN 1979A, 1979B) 356 12.3
ILLUSTRATIONS OF STRUCTURAL ESTIMATION 357 12.4 THE GENERAL MODEL 365
12.5 SOLUTION METHODS 367 12.6 FINITE HORIZON (T ) SEARCH MODEL 367
12.7 ESTIMATION METHODS 368 12.8 STRUCTURAL ESTIMATION OF EQUILIBRIUM
JOB SEARCH MODELS 369 12.9 STRUCTURAL ESTIMATION AND MODEL COMPLEXITY
380 12.10 DACRE, GLAZEBROOK, NINO-MORA (1999) 383 13 THE UBIQUITY OF
SEARCH 387 13.1 HISTORICAL PRELUDE 387 13.2 INTRODUCTION 389 13.3 THE
EVOLUTION OF MONEY 392 13.4 LIQUIDITY AND SEARCH 397 13.5 THE HOUSING
MARKET AND LIQUIDITY (KRAINER AND LEROY) 407 13.6 THE HOUSE-SELLING
PROBLEM: THE VIEW FROM OPERATIONS RESEARCH 413 13.7 THE NATURAL RATE OF
UNEMPLOYMENT 414 13.8 A MODERN APPROACH TO THE NATURAL RATE OF
UNEMPLOYMENT 416 13.9 ADAM SMITH ON DYNAMIC STOCHASTIC MODELS 418 13.10
COORDINATION AND INFLATION 418 13.11 ECONOMIC GROWTH AND COORDINATION
419 13.12 AUCTIONS VERSUS SEQUENTIAL SEARCH 420 13.13 AUCTIONS AND
BIDDING BY MCAFEE AND MCMILLAN 425 13.14 THE ANALYTICS OF SEARCH WITH
POSTED PRICES 434 13.15 SALE OF A DETERIORATING ASSET VIA SEQUENTIAL
SEARCH 437 13.16 MIDDLEMEN, MARKET-MAKERS, AND ELECTRONIC SEARCH 437
13.17 REAL OPTIONS 446 13.18 RESOURCE ALLOCATION IN A RANDOM ENVIRONMENT
462 14 TOPICS FOR FURTHER INQUIRY 471 14.1 EXCHANGEABILITY 471 14.2
POLYA URNS 474 14.3 URN METHODS 475 14.4 THE SECRETARY PROBLEM 483 XII
CONTENTS 14.5 THE ECONOMICS OF INFORMATION, BEHAVIORAL BIOLOGY, AND
NEURO-ECONOMICS 487 14.6 EQUILIBRIUM SEARCH MODELS REVISITED 490 NOTES
491 BIBLIOGRAPHY 50 6 INDEX 540 |
| adam_txt |
THE ECONOMICS OF SEARCH BRIAN P. MCCALL AND JOHN J. MCCALL S J ROUTLEDGE
^ TAYLOR & FRANCIS GROUP LONDON AND NEW YORK CONTENTS LIST OF FIGURES
XIII LIST OF TABLES XIV PREFACE XV 1 INTRODUCTION 1 1.1 PRELIMINARIES 1
1.2 CONTRACTS, INCENTIVES AND ASYMMETRIC INFORMATION 6 1.3 SEARCH THEORY
8 1.4 INSTITUTIONAL ASPECTS OF SEARCH ECONOMICS 9 1.5 THE EXPLANATORY
POWER OF ECONOMIC SEARCH 10 1.6 OUTLINE OF THIS VOLUME 11 2 MATHEMATICAL
METHODS 19 2.1 INTRODUCTION 19 2.2 MARKOV CHAINS AND RELATED PROCESSES
19 2.3 AN INTRODUCTION TO STOCHASTIC DYNAMIC PROGRAMMING 34 2.4 SOME
RESULTS IN PROBABILITY THEORY: A MEASURE THEORETIC APPROACH 41 2.5 THE
POISSON PROCESS 45 3 THE HISTORY AND EVOLUTION OF SEQUENTIAL ANALYSIS 49
3.1 INTRODUCTION 49 3.2 EARLY LITERARY AND INTUITIVE CONTRIBUTIONS TO
THE ECONOMICS OF JOB SEARCH 50 3.3 STIGLER'S INSIGHTS 52 3.4 STIGLER'S
MODEL 53 3.5 EARLY MATHEMATICAL CONTRIBUTIONS TO THE ECONOMICS OF JOB
SEARCH 55 3.6 THE SEQUENTIAL JOB SEARCH MODEL 57 VIII CONTENTS 3.7
SEQUENTIAL ANALYSIS: A DEEPER MATHEMATICAL PERSPECTIVE 58 3.8 OPTIMAL
STOPPING THEORY 59 3.9 MARKOV DECISION PROCESSES 63 3.10 THE FOUR
STELLAR EXAMPLES OF MDPS 63 4 THE BASIC SEQUENTIAL SEARCH MODEL AND ITS
RAMIFICATIONS 65 4.1 INTRODUCTION 65 4.2 AN IMPORTANT EXAMPLE 69 4.3 THE
FIXED-SAMPLE SIZE MODEL 70 4.4 THE BASIC SEQUENTIAL SEARCH MODEL:
INFINITE TIME HORIZON, NO DISCOUNTING 72 4.5 AN ALTERNATIVE VIEW OF THE
RESERVATION WAGE 74 4.6 INFINITE TIME HORIZON: DISCOUNTING 75 4.7
INFINITE TIME HORIZON WITH DISCOUNTING AND A RANDOM NUMBER OF JOB OFFERS
76 4.8 RISKY ORDERING AND SEQUENTIAL SEARCH 77 4.9 THE BASIC SEQUENTIAL
MODEL: SEARCH FOR THE LOWEST PRICE 81 4.10 OPTIMAL STOPPING 89 4.11
FINITE TIME HORIZON 90 4.12 ON-THE-JOB SEARCH 92 4.13 SEARCH IN THE
PRESENCE OF EXPERIENCE QUALITIES: THE LIPPMAN AND MCCALL BELATED
INFORMATION MODEL 94 4.14 THE LUCAS EQUILIBRIUM MODEL FOR THE BASIC
SEQUENTIAL SEARCH MODEL 97 4.15 RESERVATION WAGE PROPERTY PRESERVED IN A
CONTINUOUS SEARCH MODEL 98 4.16 OPTIMAL REPLACEMENT POLICY 100 4.17
MARTINGALES AND THE.EXISTENCE OF A RESERVATION WAGE 101 APPENDIX 4.1: A
NAIVE COMPARISON OF FSM AND BSM 103 APPENDIX 4.II: A MORE SOPHISTICATED
COMPARISON OF FSM AND BSM 106 APPENDIX 4.III: THE FRENCH VERSION OF BSM
110 5 ESTIMATION METHODS FOR DURATION MODELS 11 6 5.1 INTRODUCTION 116
5.2 HAZARD FUNCTIONS 117 5.3 COUNTING PROCESSES AND MARTINGALES 121 5.4
PARAMETRIC METHODS FOR CONTINUOUS-TIME DATA WITH COVARIATES 129 5.5 THE
COX REGRESSION MODEL 136 5.6 DISCRETE-TIME DURATION DATA 143 CONTENTS IX
5.7 MULTI-SPELL DISCRETE-TIME MODELS 149 5.8 COMPETING RISK MODELS 151
5.9 GENERAL DISCRETE-TIME LIFE HISTORY MODELS 154 5.10 SPECIFICATION
TESTS FOR DURATION MODELS 159 6 UNEMPLOYMENT, UNEMPLOYMENT INSURANCE AND
SEQUENTIAL JOB SEARCH 161 6.1 INTRODUCTION 162 6.2 MISMATCH UNEMPLOYMENT
163 6.3 LAYOFF UNEMPLOYMENT WITH POSITIVE PROBABILITY OF RECALL: THE
TEMPORARY LAYOFF 168 6.4 UNEMPLOYMENT INSURANCE AND JOB SEARCH DECISIONS
(MORTENSEN 1977) 171 6.5 MORE ON THE INCENTIVE EFFECTS OF UNEMPLOYMENT
INSURANCE 177 6.6 EFFICIENT UNEMPLOYMENT INSURANCE (ACEMOGLU AND SHIMER
1999) 184 6.7 MORE ON OPTIMAL UMEMPLOYMENT INSURANCE 191 7 JOB SEARCH IN
A DYNAMIC ECONOMY 198 7.1 INTRODUCTION 198 7.2 SEARCH IN A DYNAMIC
ECONOMY (LIPPMAN AND MCCALL) 199 7.3 LABOR MARKET INTERPRETATION 202 7.4
VARIABLE INTENSITY OF SEARCH 203 7.5 THE BASIC THEOREM 205 7.6 WEALTH
AND SEARCH 206 7.7 SYSTEMATIC SEARCH 207 7.8 OPTIMAL QUITTING POLICIES
208 7.9 MONOTONE MARKOV CHAINS AND THEIR APPLICATIONS: CONLISK'S
RESEARCH 208 7.10 RECENT RESEARCH BY MULLER AND STOYAN 214 8 EXPECTED
UTILITY MAXIMIZING JOB SEARCH 217 8.1 INTRODUCTION 217 8.2
CHARACTERIZING RISK AND RISK AVERSION 218 8.3 COMPARATIVE STATICS
RESULTS 225 8.4 APPLICATIONS OF THEOREM 8.8 226 8.5 THE BASIC JOB SEARCH
MODEL 227 8.6 EXPECTED UTILITY MAXIMIZING SEARCH WITH RECALL 229 8.7
EXPECTED UTILITY MAXIMIZING SEARCH WITHOUT RECALL 241 8.8 RISK AVERSION
AND THE WAGE GAP 244 8.9 CONSUMPTION COMMITMENTS AND LOCAL RISK AVERSION
244 X CONTENTS 9 MULTI-ARMED BANDITS AND THEIR ECONOMIC APPLICATIONS 246
9.1 INTRODUCTION 246 9.2 THE MULTI-ARMED BANDIT PROBLEM 246 9.3 GENERAL
MAB FRAMEWORK 256 9.4 A MODEL OF JOB SEARCH WITH HETEROGENEOUS
OPPORTUNITIES 257 9.5 MILLER'S MODEL OF JOB MATCHING AND OCCUPATIONAL
CHOICE 262 9.6 SUPERPROCESSES: ADDING DECISIONS TO BANDITS 265 9.7
DISCOUNTED RESTLESS BANDITS 272 10 A SAMPLE OF EARLY RESPONSES TO
DIAMOND'S PARADOX AND ROTHSCHILD'S COMPLAINT 277 10.1 INTRODUCTION 277
10.2 PRICE DISPERSION 279 10.3 MATCHMAKING 280 10.4 SEARCH TECHNOLOGY
280 10.5 PRINCIPAL-AGENT PROBLEMS AND DURABLE MATCHES 281 10.6
EQUILIBRIUM MODELS OF PRICE DISPERSION 281 10.7 GENERAL STRUCTURE OF
EQUILIBRIUM MODELS 300 11 EQUILIBRIUM SEARCH AFTER THE
DIAMOND-MORTENSEN-PISSARIDES BREAKTHROUGH 303 11.1 INTRODUCTION 303 11.2
TWO-SIDED SEARCH AND WAGE DETERMINATION: THE MORTENSEN-PISSARIDES
APPROACH 305 11.3 MATCHING TECHNOLOGY 306 11.4 SEARCH EQUILIBRIUM 308
11.5 EQUILIBRIUM UNEMPLOYMENT (MORTENSEN AND PISSARIDES 1999) 309 11.6
WAGE DIFFERENTIALS, EMPLOYER SIZE, AND UNEMPLOYMENT 313 11.7 EQUILIBRIUM
SEARCH WITH OFFERS AND COUNTEROFFERS 317 11.8 COMPETITIVE SEARCH
EQUILIBRIUM 324 11.9 LABOR MARKET POLICIES IN AN EQUILIBRIUM SEARCH
MODEL (LUCAS-PRESCOTT IN ACTION) 325 11.10 THE SEARCH CONTRIBUTIONS OF
LARS LJUNGQVIST AND TOM SARGENT 331 11.11 TWO-SIDED SEARCH, MARRIAGE AND
MATCHMAKERS 345 11.12 BILATERAL SEARCH AND VERTICAL HETEROGENEITY 349
11.13 TWO-SIDED SEARCH WITH FIXED SEARCH COSTS 350 11.14
ROCHETEAU-WRIGHT MODELS OF SEARCH AND MONEY 353 11.15 RECENT DISCOVERIES
354 CONTENTS XI 12 STRUCTURAL ESTIMATION METHODS 356 12.1 INTRODUCTION
356 12.2 EARLY MODELS (KIEFER AND NEUMANN 1979A, 1979B) 356 12.3
ILLUSTRATIONS OF STRUCTURAL ESTIMATION 357 12.4 THE GENERAL MODEL 365
12.5 SOLUTION METHODS 367 12.6 FINITE HORIZON (T ) SEARCH MODEL 367
12.7 ESTIMATION METHODS 368 12.8 STRUCTURAL ESTIMATION OF EQUILIBRIUM
JOB SEARCH MODELS 369 12.9 STRUCTURAL ESTIMATION AND MODEL COMPLEXITY
380 12.10 DACRE, GLAZEBROOK, NINO-MORA (1999) 383 13 THE UBIQUITY OF
SEARCH 387 13.1 HISTORICAL PRELUDE 387 13.2 INTRODUCTION 389 13.3 THE
EVOLUTION OF MONEY 392 13.4 LIQUIDITY AND SEARCH 397 13.5 THE HOUSING
MARKET AND LIQUIDITY (KRAINER AND LEROY) 407 13.6 THE HOUSE-SELLING
PROBLEM: THE VIEW FROM OPERATIONS RESEARCH 413 13.7 THE NATURAL RATE OF
UNEMPLOYMENT 414 13.8 A MODERN APPROACH TO THE NATURAL RATE OF
UNEMPLOYMENT 416 13.9 ADAM SMITH ON DYNAMIC STOCHASTIC MODELS 418 13.10
COORDINATION AND INFLATION 418 13.11 ECONOMIC GROWTH AND COORDINATION
419 13.12 AUCTIONS VERSUS SEQUENTIAL SEARCH 420 13.13 AUCTIONS AND
BIDDING BY MCAFEE AND MCMILLAN 425 13.14 THE ANALYTICS OF SEARCH WITH
POSTED PRICES 434 13.15 SALE OF A DETERIORATING ASSET VIA SEQUENTIAL
SEARCH 437 13.16 MIDDLEMEN, MARKET-MAKERS, AND ELECTRONIC SEARCH 437
13.17 REAL OPTIONS 446 13.18 RESOURCE ALLOCATION IN A RANDOM ENVIRONMENT
462 14 TOPICS FOR FURTHER INQUIRY 471 14.1 EXCHANGEABILITY 471 14.2
POLYA URNS 474 14.3 URN METHODS 475 14.4 THE SECRETARY PROBLEM 483 XII
CONTENTS 14.5 THE ECONOMICS OF INFORMATION, BEHAVIORAL BIOLOGY, AND
NEURO-ECONOMICS 487 14.6 EQUILIBRIUM SEARCH MODELS REVISITED 490 NOTES
491 BIBLIOGRAPHY 50 6 INDEX 540 |
| any_adam_object | 1 |
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| author | McCall, Brian Patrick |
| author_GND | (DE-588)12921017X (DE-588)129210218 |
| author_facet | McCall, Brian Patrick |
| author_role | aut |
| author_sort | McCall, Brian Patrick |
| author_variant | b p m bp bpm |
| building | Verbundindex |
| bvnumber | BV023243610 |
| callnumber-first | H - Social Science |
| callnumber-label | HB135 |
| callnumber-raw | HB135 |
| callnumber-search | HB135 |
| callnumber-sort | HB 3135 |
| callnumber-subject | HB - Economic Theory and Demography |
| classification_rvk | QC 220 |
| contents | v. 1. Mathematical methods -- The history and evolution of sequential analysis -- The basic sequential search model and its ramifications -- Estimation methods for duration models -- Unemployment, unemployment insurance, and sequential job search -- Job search in a dynamic economy -- Expected utility maximizing job search -- Multi-armed bandits and their economic applications -- A sample of early response to Diamond's paradox and Rothschild's complaint -- Equilibrium search after the Diamond-Mortensen-Pissarides breakthrough -- Structural estimation methods -- The ubiquity of search -- Topics for further inquiry. |
| ctrlnum | (OCoLC)230038172 (DE-599)DNB 2007022716 |
| dewey-full | 330.01/1 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 330 - Economics |
| dewey-raw | 330.01/1 |
| dewey-search | 330.01/1 |
| dewey-sort | 3330.01 11 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
| edition | 1. publ. |
| format | Book |
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| id | DE-604.BV023243610 |
| illustrated | Illustrated |
| index_date | 2024-07-02T20:24:50Z |
| indexdate | 2024-07-20T08:46:04Z |
| institution | BVB |
| isbn | 9780415753982 |
| language | English |
| lccn | 2007022716 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016429112 |
| oclc_num | 230038172 |
| open_access_boolean | |
| owner | DE-12 DE-739 |
| owner_facet | DE-12 DE-739 |
| physical | XXII, 251 S. graph. Darst. |
| publishDate | 2008 |
| publishDateSearch | 2008 |
| publishDateSort | 2008 |
| publisher | Routledge |
| record_format | marc |
| series | Routledge advances in experimental and computable economics |
| series2 | Routledge advances in experimental and computable economics |
| spelling | McCall, Brian Patrick Verfasser (DE-588)12921017X aut The economics of search Brian P. McCall and John J. McCall 1. publ. London [u.a.] Routledge 2008 XXII, 251 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Routledge advances in experimental and computable economics 1 Hier auch später erschienene, unveränderte Nachdrucke Includes bibliographical references and index v. 1. Mathematical methods -- The history and evolution of sequential analysis -- The basic sequential search model and its ramifications -- Estimation methods for duration models -- Unemployment, unemployment insurance, and sequential job search -- Job search in a dynamic economy -- Expected utility maximizing job search -- Multi-armed bandits and their economic applications -- A sample of early response to Diamond's paradox and Rothschild's complaint -- Equilibrium search after the Diamond-Mortensen-Pissarides breakthrough -- Structural estimation methods -- The ubiquity of search -- Topics for further inquiry. Economics - Mathematical models Search theory Mathematisches Modell Wirtschaft Economics Mathematical models Suchtheorie (DE-588)4233396-9 gnd rswk-swf Suchtheorie (DE-588)4233396-9 s DE-604 McCall, John J. 1933-2018 Sonstige (DE-588)129210218 oth Routledge advances in experimental and computable economics 1 (DE-604)BV023283119 1 http://www.loc.gov/catdir/toc/ecip0720/2007022716.html Table of contents only GBV Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016429112&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | McCall, Brian Patrick The economics of search Routledge advances in experimental and computable economics v. 1. Mathematical methods -- The history and evolution of sequential analysis -- The basic sequential search model and its ramifications -- Estimation methods for duration models -- Unemployment, unemployment insurance, and sequential job search -- Job search in a dynamic economy -- Expected utility maximizing job search -- Multi-armed bandits and their economic applications -- A sample of early response to Diamond's paradox and Rothschild's complaint -- Equilibrium search after the Diamond-Mortensen-Pissarides breakthrough -- Structural estimation methods -- The ubiquity of search -- Topics for further inquiry. Economics - Mathematical models Search theory Mathematisches Modell Wirtschaft Economics Mathematical models Suchtheorie (DE-588)4233396-9 gnd |
| subject_GND | (DE-588)4233396-9 |
| title | The economics of search |
| title_auth | The economics of search |
| title_exact_search | The economics of search |
| title_exact_search_txtP | The economics of search |
| title_full | The economics of search Brian P. McCall and John J. McCall |
| title_fullStr | The economics of search Brian P. McCall and John J. McCall |
| title_full_unstemmed | The economics of search Brian P. McCall and John J. McCall |
| title_short | The economics of search |
| title_sort | the economics of search |
| topic | Economics - Mathematical models Search theory Mathematisches Modell Wirtschaft Economics Mathematical models Suchtheorie (DE-588)4233396-9 gnd |
| topic_facet | Economics - Mathematical models Search theory Mathematisches Modell Wirtschaft Economics Mathematical models Suchtheorie |
| url | http://www.loc.gov/catdir/toc/ecip0720/2007022716.html http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=016429112&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV023283119 |
| work_keys_str_mv | AT mccallbrianpatrick theeconomicsofsearch AT mccalljohnj theeconomicsofsearch |