Showing 1 - 10 of 14
paths to stability cannot always be guaranteed. We identify a necessary and sufficient condition for an assignment problem … paths to stability and show how to construct such a path whenever this is possible. …
Persistent link: https://www.econbiz.de/10010696483
We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. Klaus (2010) introduced two new "population sensitivity" properties that capture the effect newcomers...
Persistent link: https://www.econbiz.de/10008677738
For marriage markets with equal numbers of men and women and where all men find all women acceptable and all women find all men acceptable, Sasaki and Toda (1992) characterize the core by anonymity, Pareto optimality, consistency, and converse consistency. In a recent paper, Nizamogullari and...
Persistent link: https://www.econbiz.de/10010692192
used to obtain no-selection and almost-no-selection results under the stochastic stability concept for uniform and payoff …
Persistent link: https://www.econbiz.de/10010855056
We consider hedonic coalition formation games with variable sets of agents and extend the properties competition sensitivity and resource sensitivity (introduced by Klaus, 2011, for roomate markets) to hedonic coalition formation games. Then, we show that on the domain of solvable hedonic...
Persistent link: https://www.econbiz.de/10011106583
We consider one-to-one matching markets in which agents can either be matched as pairs or remain single. In these so-called roommate markets agents are consumers and resources at the same time. We investigate two new properties that capture the effect newcomers have on incumbent agents....
Persistent link: https://www.econbiz.de/10008475798
The use of lotteries is advocated to desegregate schools. We study lottery quotas embedded in the two most common school choice mechanisms, namely deferred and immediate acceptance mechanisms. Some seats are allocated based on merit (e.g., grades) and some based on lottery draws. We focus on the...
Persistent link: https://www.econbiz.de/10011925467
We study markets for sensitive personal information. An agent wants to communicate with another party but any revealed information can be intercepted and sold to a third party whose reaction harms the agent. The market for information induces an adverse sorting effect, allocating the information...
Persistent link: https://www.econbiz.de/10011434948
We study how subjects in an experiment use different forms of public information about their opponents' past behavior. In the absence of public information, subjects appear to use rather detailed statistics summarizing their private experiences. If they have additional public information, they...
Persistent link: https://www.econbiz.de/10011437972
We present a laboratory experiment on the impact of price framing on consumer decision making. Consumer subjects face a search market where two sellers offer a homogenous good. We examine six different price frames with linear per-unit pricing (that is displayed as such) serving as a benchmark....
Persistent link: https://www.econbiz.de/10010331155