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SSRN Electronic Journal
Article . 2002 . Peer-reviewed
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Informational Matching

Authors: Silvio Rendón;

Informational Matching

Abstract

This paper analyzes the problem of matching heterogenous agents in a Bayesian learning model. One agent gives a noisy signal to another agent, who is responsible for learning. If production has a strong informational component, a phase of cross-matching occurs, so that agents of low knowledge catch up with those of higher one. It is shown that (i) a greater informational component in production makes cross-matching more likely; (ii) as the new technology is mastered, production becomes relatively more physical and less informational; (iii) a greater dispersion of the ability to learn and transfer information makes self-matching more likely; and (iv) self-matching leads to more self-matching, whereas croos-matching can make less productive agents overtake more productive ones.

Country
Spain
Keywords

diffusion of information, Diffusion of information, Bayesian learning, matching, assortative mating, bayesian learning, matching, assortative mating, Microeconomics, Economía, jel: jel:J24, jel: jel:J12, jel: jel:D83, jel: jel:C11, jel: jel:J41

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selected citations
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This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
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popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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