Strategic Referring in Labor Market Social Networks
| Autor: | PhDr. Petr Švarc , PhDr. Natálie Švarcová Ph.D., |
|---|---|
| Typ: | Ostatní |
| Rok: | 2008 |
| Číslo: | 0 |
| ISSN / ISBN: | |
| Publikováno v: | Prague Social Science Studies |
| Místo vydání: | Prague |
| Klíčová slova: | agent-based modeling, networks, strategy, job referring |
| JEL kódy: | |
| Citace: | |
| Granty: | Výzkumný záměr IES (2005-2011) Integrace české ekonomiky do Evropské unie a její rozvoj |
| Abstrakt: | We present a model of job search in which information about job opportunities is available either through direct search at the labor market or through network of socially tied individuals. We consider two cases - altruistic and self-interested agents that maximize their utility function. We show that optimal strategies range between full and no referring cases. Altruistic individuals tend to refer more than self-interested agents. Strategic referring allows agents alleviate employment variation and leads to higher average utility levels and lower unemployment rates. |
