Performance and Turnover in a Stochastic Partnership
Performance and Turnover in a Stochastic Partnership
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随机伙伴关系中的绩效和营业额
DOI:
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发表时间:
2010
期刊:
影响因子:
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通讯作者:
David McAdams
中科院分区:
文献类型:
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作者:
David McAdams
This paper characterizes the social-welfare maximizing equilibrium of a stochastic partnership matching market", in which players paired to play a stochastic game may quit to be costlessly and anonymously re-matched. Patterns of performance and turnover in this equilibrium are consistent with the well-known survivorship bias" and, if partners form meaningful rst impressions", with the honeymoon eect".