Albrecht, J.W.

vacancy worker probability application equilibrium |@| labor market tightness model market labor applicant value pro...t 4@| labor market @?_ rst-round oer level equation number search result bertrand competition competition strategy round rst round rst-round cient candidate thluitt e cient level tt *u condition probability q 1 bertrand tightness vacancies post vacancy creation problem equilibrium wage q 1 e e ciency monopsony wage proposition e 2 2= ciency e cient search model increase coordination equilibria planner monopsony parameter function bene...t n vacancies period 4*| free-entry shortlisting n vacancy oer-beating proof search equilibrium competitor equilibrium level 4 | analysis assumption creation section indierence condition nite labor market respect expression 1 case parameter con...gurations _?@|l