| Schweinzer, Paul (Juni 2006): Labour market screening with intermediaries. SFB/TR 15 Discussion Paper No. 138 |
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Abstract
We consider a Rothschild-Stiglitz-Spence labour market screening model and employ a centralised mechanism to coordinate the efficient matching of workers to firms. This mechanism can be thought of as operated by a recruitment agency, an employment office or head hunter. In a centralised descending-bid, multi-item procurement auction, workers submitwage-bids for each job and are assigned stable jobs as equilibrium outcome. We compare this outcome to independent, sequential hiring by firms and conclude that, in general, a stable assignment can only be implemented if firms coordinate to some extent.
| Dokumententyp: | Paper (Discussion Paper) |
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| Keywords: | Matching, Multi-item auctions, Sequential auctions, Screening |
| Fakultät: | Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > A3 - Markt- und Auktionsdesign in komplexen Umgebungen |
| Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
| JEL Classification: | C78, D44, E24, J41 |
| URN: | urn:nbn:de:bvb:19-epub-13413-3 |
| Sprache: | Englisch |
| ID: | 13413 |
| Letzte Änderungen: | 29. Apr. 2016 09:09 |
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