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Poisson Search

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Abstract

This paper presents a model of the jobmarket in which the number of workers and companies is a Poisson random variable, as in Poisson games. The model has undominated equilibria that share some properties with directed search, while preserving some erratic elements typical of random search.

Suggested Citation

  • Francesco De Sinopoli & Leo Ferraris & Claudia Meroni, 2020. "Poisson Search," CEIS Research Paper 499, Tor Vergata University, CEIS, revised 22 Jun 2020.
  • Handle: RePEc:rtv:ceisrp:499
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    Keywords

    Labor Search; Poisson Games;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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