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In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in … uses the fact that the core of an associated compensation matching game with constraints is nonempty. …
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This paper investigates the impact of parental education on child health outcomes. To identify the causal effect we explore exogenous variation in parental education induced by a schooling reform in 1947, which raised the minimum school leaving age in the UK. Findings based on data from the...
Persistent link: https://www.econbiz.de/10011350377
result is inconsistent with empirical observations. In this paper, we develop a matching model to address this inconsistency …. We argue that market friction, through search imperfections due to lack of information by carriers on the (future) demand … matching model is numerically applied to the inland navigation shipping market in the Rhine river area in Western-Europe. We …
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Empirical studies of labor markets show that social contacts are an important source of job-related information … workers' receiving information about job openings from their social contacts: they compete with their social contacts' other …
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increasing in quality and the quality of each firm’s product is private information (not known to consumers or to other firms … close to full information monopoly level) while others are more “competitive”. Under certain conditions, if the number of … firms is large enough, information is revealed in every equilibrium. …
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