Question

By the Hosios efficiency condition, a buyer’s surplus share is set equal to the elasticity of a function used in this theory. For 10 points each:
[10h] Name this theory. Their development of a model in this theory that accounts for lasting effects of shocks won Dale Mortensen and Christopher Pissarides the 2010 Nobel Prize in Economics.
ANSWER: search and matching theory [prompt on search theory or matching theory] (The function in the lead-in is the matching function.)
[10e] Common matching functions use the number of vacancies and the number of people with this trait as inputs. People who temporarily have this trait are classified as “frictional.”
ANSWER: unemployed [or jobless; or not working; accept word forms; accept frictional unemployment]
[10m] Due to their form, matching functions will display this property in an ideal labor market. Cobb-Douglas functions display this property if the sum of their exponents is equal to 1.
ANSWER: constant returns to scale [or CRS; prompt on returns to scale]
<Social Science - Social Science - Economics>

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Summary

2024 ARGOS @ Brandeis03/22/2025Y310.00100%0%0%
2024 ARGOS @ Chicago11/23/2024Y616.67100%33%33%
2024 ARGOS @ Christ's College12/14/2024Y316.67100%33%33%
2024 ARGOS @ Columbia11/23/2024Y310.00100%0%0%
2024 ARGOS @ McMaster11/17/2024Y510.00100%0%0%
2024 ARGOS @ Stanford02/22/2025Y313.33100%33%0%
2024 ARGOS Online03/22/2025Y316.67100%67%0%

Data

Banned from ARGOSPahkin' the Ahgo010010
|madam|Import Pandas010010
"Powers a question on Stancyzk" that's a clown question broHu up Jinning they Tao010010
BHSU ReFantaziohawk two of10101030
The Love Song of J Alfred PrufRock and Roll All Nite (and Party Every Day)Clown Senpais10101030
Music to Help You Stop SmokingClown Squad010010
Who is the Colleen Hoover of the Zulus?Northeast by Northwestern010010
Notre DameBHSU Rebirth010010
WashUThat Feeling When Knee Surgery Is in Five Days010010
Defying SuavityGrzegorz Brzęczyszczykiewicz010010
Simple VibesCien Años de Quizboledad10101030
Limp FranceskitCambridge010010
Walston et. al.12 Litres of Green Tea010010
Cope is the thing with feathersNJ TRANSit (and anwen010010
just one more half-dot brojeff mcneil #1 morningside heights fan club010010
Simpson Agonistes: The Crisis of DonutI'd prefer to have the team name be Christensen et al. than anything that Erik cooks up 010010
You cannot go to Aarhus to see his peat-brown head / With eyes like ripening fruitModerator Can't Neg me While in Alpha010010
Communism is Soviet power plus the yassification of the whole countryShe Dicer On My Argonaute Till I RNA Interfere010010
Tensei Shitara Flashcard Data Kenas rational as the square root of two power bottoms010010
Ryan Wesley Routh's 10 000 NATO-trained Afghan QuizbowlersThe Only Existing Manuscript from A Clockwork Orange010010
A is for Amy Robsart who fell down the stairsnumber of tang poems = 75 times number of lines in a shi = 100 times number of lines in a haiku0101020
BerkeleyCry of the Common Loon010010
Stanford+Where are the ACF Nationals recordings?010010
Aw we're so sorry to hear that maman died today, she gets five big boomsI wish it were possible to freeze time so I would never have to watch you retire010010
CLEVELAND, THIS IS FOR YOU!UBC0101020
throw away your cards, rally in the streetsThompson et al.0101020