TY  - RPRT
        AU  - Carrillo-Tudela, Carlos
AU  - Menzio, Guido
AU  - Smith, Eric
        TI  - Job Search with Bidder Memories
        PY  - 2009/Jul/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4319
        UR  - https://www.iza.org/index.php/publications/dp4319
        AB  - This paper revisits the no-recall assumption in job search models with take-it-or-leave-it offers. Workers who can recall previously encountered potential employers in order to engage them in Bertrand bidding have a distinct advantage over workers without such attachments. Firms account for this difference when hiring a worker. When a worker first meets a firm, the firm offers the worker a sufficient share of the match rents to avoid a bidding war in the future. The pair share the gains to trade. In this case, the Diamond paradox no longer holds.
        KW  - wage determination
KW  - recall
KW  - job search
KW  - Diamond paradox
        ER  -