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matching protocol, but does not interfere with the bargaining, eliminates all delay. Even though this efficient centralized …
Persistent link: https://www.econbiz.de/10005582677
We analyze a stochastic versions of the Rubinstein bargaining model with outside options available to both the proposer …
Persistent link: https://www.econbiz.de/10005572215
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10005823951
: they are only communicated to a passive auctioneer. An alternative interpretation is that of mediated bargaining. We show …
Persistent link: https://www.econbiz.de/10005572163
Delayed perfect monitoring in an infinitely repeated discounted game is modelled by letting the players form a connected and undirected network. Players observe their immediate neighbors' behavior only, but communicate over time the repeated game's history truthfully throughout the network. The...
Persistent link: https://www.econbiz.de/10005247844
games. In the spirit of the Nash Bargaining Solution, our concept is founded on the predicted outcomes of simultaneous, two … exists and is unique. It belongs to the bargaining set and to the core whenever the latter is not empty. In fact, when the … selection of the bargaining set. Finally, we discuss how the R solution changes important conclusions of several well known …
Persistent link: https://www.econbiz.de/10008727784
The objective of this work is to study the effects of centralized, sectorial and decentralized bargaining patterns on …
Persistent link: https://www.econbiz.de/10005168435
decentralized pairwise bargaining. Cartels are coalitions of buyers or sellers that limit market participation and compensate …
Persistent link: https://www.econbiz.de/10005247855
We study employment by lotto (Aldershof et al., 1999), a matching algorithm for the so-called stable marriage problem. We complement Aldershof et al.'s analysis in two ways. First, we give an alternative and intuitive description of employment by lotto. Second, we disprove Aldershof et al.'s...
Persistent link: https://www.econbiz.de/10005247860
We identify in this paper two conditions that characterize the domain of single-peaked preferences on the line in the following sense: a preference profile satisfies these two properties if and only if there exists a linear order $L$ over the set of alternatives such that these preferences are...
Persistent link: https://www.econbiz.de/10005247862