Showing 1 - 10 of 259
In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the … probability of the marital dissolution does not reduce divorce costs under gender-optimal matching rules. In such environments, an …
Persistent link: https://www.econbiz.de/10009754874
lattice. Aggregate matchings are relevant as matching data in revealed preference theory. We present a result on rationalizing … a matching data as the median stable matching. …
Persistent link: https://www.econbiz.de/10012503794
We study two-sided matching contests with two sets, A and B, each of which includes a finite number of heterogeneous …
Persistent link: https://www.econbiz.de/10014418053
in case of a stochastic matching subject to various forms of expectations. We consider an exchange network with … stochastic matching between the pairs of players and analyze the dynamics of bargaining in such a market. The cases of convergent … consideration of a stochastic matching on a graph dependent on the weights of edges. The results show that, in all three cases, the …
Persistent link: https://www.econbiz.de/10014420153
In many social situations, individuals endeavor to find the single best possible partner, but are constrained to evaluate the candidates in sequence. Examples include the search for mates, economic partnerships, or any other long-term ties where the choice to interact involves two parties....
Persistent link: https://www.econbiz.de/10011383745
In this paper, we describe the Factored Value MCTS Hybrid Cost-Max-Plus algorithm, a collection of decision-making algorithms (centralized, decentralized, and hybrid) for a multi-agent system in a collaborative setting that considers action costs. Our proposed algorithm is made up of two steps....
Persistent link: https://www.econbiz.de/10014443307
and experiment in which workers’ quality becomes known only in the late part of the market. However, in equilibrium …, matching can occur (inefficiently) early only when there is comparable demand and supply: a surplus of applicants, but a …
Persistent link: https://www.econbiz.de/10009785461
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through …
Persistent link: https://www.econbiz.de/10011453256
We introduce a new class of matching mechanisms - quantile stable mechanisms - that generate stable matchings that can …
Persistent link: https://www.econbiz.de/10012547697
Why do some incomplete information markets feature intermediaries while others do not? I study the allocation of two goods in an incomplete information setting with a single principal, multiple agents with unit demand, and interdependent valuations. I construct a novel dynamic mechanism...
Persistent link: https://www.econbiz.de/10014418049