Asymmetric information in a search model with social contacts

Stupnytska Y (2015) Center for Mathematical Economics Working Papers; 548.
Bielefeld: Center for Mathematical Economics.

Diskussionspapier | Veröffentlicht | Englisch
 
Download
OA
Abstract / Bemerkung
In this paper, the search model is proposed, in which homogeneous firms are uncertain about the job seekers' number of friends, who can help them in the job search (social capital). All workers have the same productivity and differ only in the social capital. A firm offers a take-it-or-leave-it wage contract to a worker after checking the worker's profile and her public number of non-fictitious social contracts in the Social Network System in the Internet. This number serves as a noisy signal of the social capital for firms and cannot be influenced by the worker only for signalling purpose. The model generates a positive relationship between the number of contacts in the Social Network System and the wage offered by firms in the equilibrium. In addition, the presence of firm's uncertainty with respect to workers' possibilities to find jobs through social contacts increases overall social welfare.
Stichworte
asymmetric information; social capital; uncertainty; Social Network System; Facebook; Linkedin; wage contract; social welfare; wage dispersion
Erscheinungsjahr
2015
Serientitel
Center for Mathematical Economics Working Papers
Band
548
Seite(n)
32
ISSN
0931-6558
Page URI
https://pub.uni-bielefeld.de/record/2785652

Zitieren

Stupnytska Y. Asymmetric information in a search model with social contacts. Center for Mathematical Economics Working Papers. Vol 548. Bielefeld: Center for Mathematical Economics; 2015.
Stupnytska, Y. (2015). Asymmetric information in a search model with social contacts (Center for Mathematical Economics Working Papers, 548). Bielefeld: Center for Mathematical Economics.
Stupnytska, Yuliia. 2015. Asymmetric information in a search model with social contacts. Vol. 548. Center for Mathematical Economics Working Papers. Bielefeld: Center for Mathematical Economics.
Stupnytska, Y. (2015). Asymmetric information in a search model with social contacts. Center for Mathematical Economics Working Papers, 548, Bielefeld: Center for Mathematical Economics.
Stupnytska, Y., 2015. Asymmetric information in a search model with social contacts, Center for Mathematical Economics Working Papers, no.548, Bielefeld: Center for Mathematical Economics.
Y. Stupnytska, Asymmetric information in a search model with social contacts, Center for Mathematical Economics Working Papers, vol. 548, Bielefeld: Center for Mathematical Economics, 2015.
Stupnytska, Y.: Asymmetric information in a search model with social contacts. Center for Mathematical Economics Working Papers, 548. Center for Mathematical Economics, Bielefeld (2015).
Stupnytska, Yuliia. Asymmetric information in a search model with social contacts. Bielefeld: Center for Mathematical Economics, 2015. Center for Mathematical Economics Working Papers. 548.
Alle Dateien verfügbar unter der/den folgenden Lizenz(en):
Copyright Statement:
Dieses Objekt ist durch das Urheberrecht und/oder verwandte Schutzrechte geschützt. [...]
Volltext(e)
Access Level
OA Open Access
Zuletzt Hochgeladen
2019-09-06T09:18:34Z
MD5 Prüfsumme
a65f10551b549a7e1a45b2546c901ac4


Export

Markieren/ Markierung löschen
Markierte Publikationen

Open Data PUB

Suchen in

Google Scholar