4 papers
Wage Dispersion, On-the-Job Search, and Stochastic Match Productivity: A Mean Field Game Approach
I. Sebastian Buhai
Wage dispersion and job-to-job mobility are central features of modern labour markets, yet canonical equilibrium search models with exogenous job-offer ladders struggle to jointly…
Reputation and Disclosure in Dynamic Networks
I. Sebastian Buhai
Public delay can be informative when the existence, custodian, and review dates of hard evidence are observed. I study a disclosure protocol in which a sealed record is docketed, h…
Real Option AI: Reversibility, Silence, and the Release Ladder
I. Sebastian Buhai
We model the cadence of AI product releases, i.e. quiet spells, reversible patches, and rarer pivots, as optimal exercise of strategic real options under reputational learning. A p…
A Social Network Analysis of Occupational Segregation
I. Sebastian Buhai, Marco J. van der Leij
We propose an equilibrium interaction model of occupational segregation and labor market inequality between two social groups, generated exclusively through the documented tendency…