Frictional matching: Evidence from law school admission
We measure friction as the number of unnecessary student applications and school admissions that have to be undertaken per actual matriculation. Friction increases with student and school attractiveness with a decrease at the top.
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- Shimer, R. & Smith, L., 1997.
"Assortative Matching and Search,"
97-2b, Massachusetts Institute of Technology (MIT), Department of Economics.
- Becker, Gary S, 1973. "A Theory of Marriage: Part I," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 813-46, July-Aug..
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