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Poisson Search

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  • De Sinopoli, Francesco
  • Ferraris, Leo
  • Meroni, Claudia

Abstract

We present a model of the job market where the number of workers and companies is uncertain, representing the job search activity as a Poisson game. We allow for heterogeneity of workers and companies and show that in equilibrium more productive types choose higher terms of trade. The Poisson search model gives rise to multiple, possibly inefficient equilibria.

Suggested Citation

  • De Sinopoli, Francesco & Ferraris, Leo & Meroni, Claudia, 2024. "Poisson Search," Journal of Mathematical Economics, Elsevier, vol. 112(C).
    • Handle: RePEc:eee:mateco:v:112:y:2024:i:c:s0304406824000430
    DOI: 10.1016/j.jmateco.2024.102981
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    References listed on IDEAS

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    Keywords

    Poisson games; Labor search;

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