Showing 1 - 10 of 453
benefit payments compared to the wage earned in available jobs - labour supply and matching - a theoretical approach to …
Persistent link: https://www.econbiz.de/10008622251
We study a two-stage choice problem, where alternatives are allocations between the decision maker (DM) and a passive recipient. The recipient observes choice behavior in stage two, while stage one choice is unobserved. Choosing selfishly in stage two, in the face of a fairer available...
Persistent link: https://www.econbiz.de/10005260277
The paper discusses opportunities to utilize the series of micro-blogs as provided by the Twitter in observation of opinion dynamics. The spontaneity of tweets is more, as the service is attached more to the mobile communications. The extraction of information in the series of tweets is...
Persistent link: https://www.econbiz.de/10008695068
Are "generous" bargaining offers made out of fairness or in fear of rejection? We disentangle risk and social references by analyzing experimental behavior in three majority bargaining games: (1) a random-proposer game with infinite time horizon; 2) a one round proposer game with disagreement...
Persistent link: https://www.econbiz.de/10008765071
Gale and Shapley (1962) proposed the deferred-acceptance algorithm for matching (i) college applicants and colleges and … always Pareto-optimal: No other matching is at least as good for all the players and better for one or more. If there are …
Persistent link: https://www.econbiz.de/10011109567
An allocation of indivisible items among n ≥ 2 players is proportional if and only if each player receives a proportional subset—one that it thinks is worth at least 1/n of the total value of all the items. We show that a proportional allocation exists if and only if there is an allocation...
Persistent link: https://www.econbiz.de/10011111823
Abstract This paper characterizes the top trading cycles mechanism for the school choice problem. Schools may have multiple available seats to be assigned to students. For each school a strict priority ordering of students is determined by the school district. Each student has strict preference...
Persistent link: https://www.econbiz.de/10011113926
We study the problem of marriage formation and marital distribution in a two-period model of matching, extending the … matching with bargaining framework of Crawford and Rochford (1986). We run simulations to find the effects of alimony rate …
Persistent link: https://www.econbiz.de/10005836944
Abstract. This paper analyzes matching markets where agent types are n-vectors of characteristics--i.e. points in R …). First, given a few assumptions, I show that in the Gale-Shapley stable matching in this environment, agents match to a … consumers. Finally, I address an unanswered question in the matching literature--can multidimensional preferences be aggregated …
Persistent link: https://www.econbiz.de/10011110355
theory, which combines with the Pareto optimal standard leads us to the existence of Pareto optimal endogenous matching …. Moreover, stability of the Pareto optimal endogenous matching is confirmed by essentially using the well-known Girsanov Theorem. …
Persistent link: https://www.econbiz.de/10011110371