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Incentives in competitive search equilibrium [PDF]

open access: yesThe Review of Economic Studies, 2007
This paper analyses the interaction between internal agency problems within firms and external search frictions when workers have private information. We show that the allocation of resources is determined by a modified Hosios Rule.
Moen, Espen R., Rosen, Asa
core   +5 more sources

Novelty Search in Competitive Coevolution [PDF]

open access: yes, 2014
One of the main motivations for the use of competitive coevolution systems is their ability to capitalise on arms races between competing species to evolve increasingly sophisticated solutions. Such arms races can, however, be hard to sustain, and it has
C.D. Rosin   +10 more
core   +7 more sources

Money in search equilibrium, in competitive equilibrium, and in competitive search equilibrium [PDF]

open access: yesEconometrica, 2003
We compare three market structures for monetary economies: bargaining (search equilibrium); price taking (competitive equilibrium); and price posting (competitive search equilibrium).
Guillaume Rocheteau, Randall Wright
core   +7 more sources

Dual-Subpopulation Competitive Particle Swarm Optimization with Engineering Applications [PDF]

open access: yesBiomimetics
Particle swarm optimization (PSO) is a widely used bio-inspired optimization algorithm, yet maintaining an effective balance between exploration and exploitation remains challenging.
Shuying Zhang   +4 more
doaj   +2 more sources

User Satisfaction in Competitive Sponsored Search [PDF]

open access: yesProceedings of the 23rd international conference on World wide web, 2013
We present a model of competition between web search algorithms, and study the impact of such competition on user welfare. In our model, search providers compete for customers by strategically selecting which search results to display in response to user
Kempe, David, Lucier, Brendan
core   +2 more sources

COMPETITIVE-SEARCH EQUILIBRIUM IN MONETARY ECONOMIES [PDF]

open access: yesJournal of Economic Theory, 2007
This is a comment on the work of Rocheteau and Wright (2005) who have recently introduced competitive search into monetary economics. We extend their work by eliminating the restriction that the fees market makers charge to enter a submarket must be ...
Miquel Faig, Xiuhua Huangfu
core   +4 more sources

Decisions from experience: Competitive search and choice in kind and wicked environments [PDF]

open access: yesJudgment and Decision Making, 2020
Information search is key to making decision from experience: exploration permits people to learn about the statistical properties of choice options and thus to become aware of rare but potentially momentous decision consequences.
Renato Frey
doaj   +2 more sources

Integrated Scheduling of Multi-Stage Production System and Transportation in the Supply Chain by Considering the Sequence Dependent Setup Time [PDF]

open access: yesچشم‌انداز مدیریت صنعتی, 2021
In this research, an integrated scheduling problem of job shop systems with an assembly stage and transportation to minimize the total tardiness time is studied.
Naeeme Bagheri Rad, Parvaneh Samouei
doaj   +1 more source

In search of competitive givers [PDF]

open access: yesSouthern Economic Journal, 2022
AbstractMuch of the theoretical and experimental research on charitable giving allows for three main types of donor: pure altruists, impure altruists, and pure warm‐glow givers. For none of these types should donations be increasing in the amount donated by others: there is no room for “competitive giving”.
Fielding, David   +2 more
openaire   +1 more source

Competitive Search Markets with Adverse Selection [PDF]

open access: yes, 1999
In a seminal paper, Rothschild and Stiglitz (1976) show that competitive markets with incomplete information in which firms offer contracts to screen privately informed agents may have no equilibrium. In this paper, we argue that frictions in the form of
Inderst, Roman, Müller, Holger M.
core   +2 more sources

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