It is known that in two-sided many-to-many matching markets, pairwise stability is not logically related with the (weak …) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for pairwise … stability when group deviations are allowed. Group deviations are defined in graphs on the set of agents. We introduce …

condition, called "global stability under uncertainty," implies a variety of results to the effect that the impact of higher …-order uncertainty is small. Our central result states that, under global stability, the maximum change in equilibrium strategies due to …

epistemic foundations behind the fascinating idea of stability due to J. von Neumann and O. Morgenstern. The major features of …

We investigate the issue of implementation via individually rational ex-post budget-balanced Bayesian mechanisms. We … generically be implemented via such mechanisms. The aggregate expected surplus in these mechanisms can be distributed in an …

as dominant strategy incentive compatibility, and restrict attention to simpler mechanisms such as dominant strategy … mechanisms. However, there has been little theory behind this approach. In particular, it has not been made clear why employing … simpler mechanisms, instead of more complicated ones, is the correct way to address Wilson's critique. This paper aims at …