A Random Matching Theory
18 Pages Posted: 23 Dec 2014
Date Written: December 22, 2014
We develop theoretical underpinnings of pairwise random matching processes. We formalize the mechanics of matching, and study the links between properties of the different processes and trade frictions. A particular emphasis is placed on providing a mapping between matching technologies and informational constraints.
Keywords: Random matching, Frictions, Spatial interactions
JEL Classification: C00, C78, D83, E00
Suggested Citation: Suggested Citation