Matching information
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- dc.contributor.author Chade, Hector
- dc.contributor.author Eeckhout, Jan
- dc.date.accessioned 2020-06-02T08:59:33Z
- dc.date.available 2020-06-02T08:59:33Z
- dc.date.issued 2018
- dc.description.abstract We analyze the optimal allocation of experts to teams, where experts differ in the precision of their information, and study the assortative matching properties of the resulting assignment. The main insight is that in general it is optimal to diversify the composition of the teams, ruling out positive assortative matching. This diversification leads to negative assortative matching when teams consist of pairs of experts. And when experts' signals are conditionally independent, all teams have similar precision. We also show that if we allow experts to join multiple teams, then it is optimal to allocate them equally across all teams. Finally, we analyze how to endogenize the size of the teams, and we extend the model by introducing heterogeneous firms in which the teams operate.en
- dc.description.sponsorship Eeckhout gratefully acknowledges support from the ERC Grant 208068 and from MINECO-ECO2012-36200, and Chade is grateful to Universitat Pompeu Fabra for its hospitality wherepart of this research was conducted.
- dc.format.mimetype application/pdf
- dc.identifier.citation Chade H, Eeckhout J. Matching information. Theoretical Economics. 2018 Feb 1;13(1):377-414. DOI: 10.3982/TE1820
- dc.identifier.doi http://dx.doi.org/10.3982/TE1820
- dc.identifier.issn 1555-7561
- dc.identifier.uri http://hdl.handle.net/10230/44870
- dc.language.iso eng
- dc.publisher Wiley
- dc.relation.ispartof Theoretical Economics. 2018 Feb 1;13(1):377-414
- dc.relation.projectID info:eu-repo/grantAgreement/ES/3PN/ECO2012-36200
- dc.relation.projectID info:eu-repo/grantAgreement/EC/FP7/208068
- dc.rights Copyright © 2018 The Authors. Theoretical Economics. The Econometric Society. Licensed under theCreative Commons Attribution-NonCommercial License 4.0.
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri https://creativecommons.org/licenses/by-nc/4.0/
- dc.subject.keyword Assortative matchingen
- dc.subject.keyword Teamsen
- dc.subject.keyword Diversificationen
- dc.subject.keyword Correlationen
- dc.subject.keyword C78en
- dc.subject.keyword D83en
- dc.title Matching informationen
- dc.type info:eu-repo/semantics/article
- dc.type.version info:eu-repo/semantics/publishedVersion