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approach is based on a game-theoretic two-sided matching model and the estimation strategy employs the method of simulated …
Persistent link: https://www.econbiz.de/10013221501
Agents in two-sided matching games vary in characteristics that are unobservable in typical data on matching markets …. In full generality, we consider many-to-many matching and matching with trades. The distribution of match …
Persistent link: https://www.econbiz.de/10013104978
I study a many-to-many, two-sided, transferable-utility matching game. Consider data on matches or relationships …
Persistent link: https://www.econbiz.de/10013152436
I explore the estimation of transferable utility matching games, encompassing many-to-many matching, marriage and … matching with trading networks (trades). I introduce a matching maximum score estimator that does not suffer from a … computational curse of dimensionality in the number of agents in a matching market. I apply the estimator to data on the car parts …
Persistent link: https://www.econbiz.de/10013232762
We define the median stable matching for two-sided matching markets with side payments and prove constructively that it …
Persistent link: https://www.econbiz.de/10012757924
Several authors suggest that trust is an important determinant of cooperation between strangers in a society, and therefore of performance of social institutions. We argue that trust should be particularly important for the performance of large organizations. In a cross-section of countries,...
Persistent link: https://www.econbiz.de/10014222386
We examine the effects of the interaction between lobbying and legislative bargaining on policy formation. Two systems are considered: a US-style congressional system and a European-style parliamentary system. First, we show that the policies generated are not intermediate between policies that...
Persistent link: https://www.econbiz.de/10014158137
The discomfort a government suffers from speculation against its currency determines the strategic incentives of speculators and the scope for multiple currency-market equilibria. After describing an illustrative model in which high unemployment may cause an exchange- rate crisis with...
Persistent link: https://www.econbiz.de/10014158713
The decision to protest is strategic: an individual's participation is a function of her beliefs about others' turnout. Models of protest often assume strategic complementarity; however, the challenge of collective action suggests strategic substitutability. We conduct the first field experiment...
Persistent link: https://www.econbiz.de/10012964391
Societies under similar geographic and economic conditions and subject to similar external influences nonetheless develop very different types of states. At one extreme are weak states with little capacity and ability to regulate economic or social relations. At the other are despotic states...
Persistent link: https://www.econbiz.de/10012950052