Showing 1 - 10 of 343
Stable matchings may fail to exist in the roommate matching problem, both when utility is transferable and when it is … not. We show that when utility is transferable, the existence of a stable matching is restored when there is an even … individuals of any given type is large enough there always exist “quasi-stable” matchings: a stable matching can be restored with …
Persistent link: https://www.econbiz.de/10013056822
under which matching mechanisms in a public good economy lead to interior matching equilibria in which all agents make … is a crucial determinant for the existence of interior matching equilibria. In addition, we explore which matching … optimal solutions through matching …
Persistent link: https://www.econbiz.de/10013149366
We examine whether conservative politicians are less likely to support same-sex marriage when they run for office in … of the majority for the incumbent in the previous election was a strong predictor for supporting same-sex marriage. When … the majority increased by one percentage point, the likelihood of voting in favour of same-sex marriage decreased by …
Persistent link: https://www.econbiz.de/10012942384
Neither marriage nor a legally enforceable contract serves any useful purpose if the parties have access to a perfect … enforceable contract. Separate-property marriage may reduce and community-property marriage actually eliminate inefficiency, but …
Persistent link: https://www.econbiz.de/10013060466
This paper evaluates differential prize taxation and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the...
Persistent link: https://www.econbiz.de/10013105142
Whistle-blowing is usually regarded as a way to identify abuse and wrongdoing on the part of governments and corporations. In this paper we show how, at a micro level, whistle-blowing can be used as a designer tool to prevent opportunistic behavior, that takes the form of collusion or blackmail,...
Persistent link: https://www.econbiz.de/10013022506
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent’s rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit...
Persistent link: https://www.econbiz.de/10013315559
Matching mechanisms are regarded as an important instrument to bring about Pareto optimal allocations in a public good … interior matching equilibrium, however, emerges only under very special conditions. But we show in this note that corner …
Persistent link: https://www.econbiz.de/10013316055
The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...
Persistent link: https://www.econbiz.de/10013317636
matching. The effects of a change of the exogenously given graph (constraints) are investigated. Specifically, we examine to … what extent individuals gain or lose from relaxing restrictions on matching. Sabotage of particular matches or location …
Persistent link: https://www.econbiz.de/10013011643