An Alternative Approach to Search Frictions

By Ricardo Lagos. Journal of Political Economy, 2000

209 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Management Science and Operations Research, Marketing

View Paper: https://www.semanticscholar.org/paper/fb7e6c780a1456b77229d45ae2a7aaffbd7fef56

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Citations in the corpus

Liquidity: A New Monetarist Perspective (2017, background): “Also, note that while some directed search theory takes the matching technology as a primitive, this is not always the case — e.g., see Lagos (2000) or Burdett et al. (2001) for models where it is endogenous.”
Spatial pricing in ride-sharing networks (2017, unknown): “Finally, our work shares some modeling features with Lagos (2000) who studies a time-invariant model of the taxi industry.5 Prices and the aggregate supply of taxis are fixed and exogenously given and the paper’s main objective is to illustrate that the drivers’ behavior may result in search…”
Micro-Foundations of Urban Agglomeration Economies (2003, background): “A second approach to providing micro-foundations for an aggregate matching function is that of Lagos (2000), who shows how search frictions can arise endogenously when agents choose their location to better target their search.”
Efficiency of thin and thick markets (2016, unknown): “proposed by Li et al. (2015a,b), who generalize Zheng (1996), and Li and Wang’s (1998) kernel based test to knn based testing framework, to test the null hypothesis that the model (12) fitted curve and the nonparametric knn method fitted curve do not differ from each other significantly. Following L”
Matching and anonymity (2006, background): “Our use of the word technology is similar in spirit to that of other scholars, for example see the “market technology” of Hahn (1971), the “communication technology” of Townsend (1987), or the “enforcement technology” of Kocherlakota (1998).”
Unemployment and Vacancy Fluctuations in the Matching Model: Inspecting the Mechanism (2005, background): “Lagos (2000) warns against the dangers of such a “reduced-form approach” to frictions when, for example, evaluating the effects of policies.”
Knowledge Exchange, Matching, and Agglomeration (2000, background): “Alternatively, one may deviate from our random-matching setup to incorporate directed search as in Lagos (2000), where an explicit micro structure is considered.”
Nonlinear pricing of taxi services (2010, background): “A few notable contributions include the early studies by Douglas (1972) and De vany (1975), and recent studies by Cairns and Liston-Heyes (1996) and Arnott (1996), and more recent studies by Yang et al. (2005a, 2005b), Flores-Guri (2005), Fernandez et al. (2006) and Moore and Balaker (2006).”