The Economics of Search

ISBN-13: 9780415299923 / Angielski / Twarda / 2007 / 551 str.

John McCall; Brian McCall

Opis

The economics of search is a prominent component of economic theory, and it has a richness and elegance that underpins a host of practical applications. This book presents a comprehensive overview of the economic theory of search, from the classical model of job search formulated to the developments in equilibrium models of search.

Spis treści

1. Introduction  2. Mathematical Methods  3. The History and Evolution of Sequential Analysis  4. The Basic Sequential Search Model and its Ramifications  5. Estimation Methods for Duration Models  6. Unemployment, Unemployment Insurance and Sequential Job Search  7. Job Search in a Dynamic Economy  8. Expected Utility Maximizing Job Search  9. Multi-armed Bandits and their Economic Applications  10. A Sample of Early Response to Diamond’s Paradox and Rothschild’s Complaint  11. Equilibrium Search after the Diamond-Mortensen-Pissarides Breakthrough  12. Structural Estimation Methods  13. The Ubiquity of Search  14. Topics for Further Inquiry

O autorze

John McCall is Professor Emeritus of Economics at the University of California Los Angeles and University of California Santa Barbara and Brian McCall is Professor of Education & Professor of Economics at the University of Michigan, USA.