Similar Search Results

Adjusting prices in the many-to-many assignment game

Sotomayor, Marilda - 2008

Starting with an initial price vector, prices are adjusted in order to eliminate the demand excess and at the same time to keep the transfers to the sellers as low as possible. In each step of the auction, to which sellers should those transfers be made (minimal overdemanded sets) is the key...

Persistent link: https://www.econbiz.de/10010284074

Random and stock-flow models of labour market matching: Swedish evidence

Forslund, Anders; Johansson, Kerstin - 2007

In this paper we estimate aggregate matching functions taking advantage of a rich data base that enables us to compute … observations on the variables in the matching function at (virtually) any frequency to assess the importance of the time … aggregation problem. We also generate stocks, outflows and inflows of vacancies and job seekers to shed light on the importance of …

Persistent link: https://www.econbiz.de/10010317924

A note on instability and indeterminacy in search and matching models

Krause, Michael U.; Lubik, Thomas A. - 2004

model with search and matching frictions in the labor market. Our results arise for empirically plausible parametrizations …

Persistent link: https://www.econbiz.de/10010293499

Efficient dynamic matching with costly search

Atakan, Alp E. - 2010

This paper considers a frictional market where buyers and sellers, with unit demand and supply, search for trading opportunities. The analysis focuses on explicit search frictions, allows for two-sided incomplete information, and puts no restriction on agent heterogeneity. In this context, a...

Persistent link: https://www.econbiz.de/10010273653

Competitive equilibria in decentralized matching with incomplete information

Atakan, Alp E. - 2010

This paper shows that all perfect Bayesian equilibria of a dynamic matching game with two-sided incomplete information …

Persistent link: https://www.econbiz.de/10010273660

The Pareto-stability concept is a natural solution concept for discrete matching markets with indifferences

Sotomayor, Marilda - 2008

structure of a matching. This paper argues that, under indifferences, also weak blockings should be considered when these …

Persistent link: https://www.econbiz.de/10010284048

Modelling firm mergers as a roommate problem

Angelov, Nikolay - 2006

We propose a way to model firm mergers using a matching game known as the roommate problem, whereby firms are assumed … indices used in standard discrete-choice models. Given all firms' preferences, game-theoretic mechanisms lead to a matching …

Persistent link: https://www.econbiz.de/10010321524

On the rationality of arbitrage prices in non-zero sum contingent claimvaluation games

Vonatsos, Konstantinos N.; Bowe, Michael - Manchester Business School - 2006

This analysis reveals the restricted scope of approaches which utilise arbitrage based arguments toprice contingent claims whose payoffs are determined by the outcome of non-zero-sum valuationgames between financial market participants. Many examples of such model formulations can befound, for...

Persistent link: https://www.econbiz.de/10005870114

Understanding and Managing Behavioural Risks - The Case of Food Risks Caused by Malpractice in Poultry Production

Hirschauer, Norbert; Zwoll, Stefan - Universität <Berlin, Humboldt-Universität> / … - 2006

The probability that actors in economic relationships break rules increases with the profits they thus expect to earn. It decreases with the probability and level of short - and long-term losses resulting from disclosure. It also decreases with the level of social context factors and intrinsic...

Persistent link: https://www.econbiz.de/10009302574

The optimal level of technical copyright protection:A game-theoretic approach

Ünlü, Vural; Hess, Thomas - Institut für Wirtschaftsinformatik und Neue Medien … - 2003

Immaterial information products (“content”) can be represented in digital form, which is anadvantage but also a source of problems. It is fundamentally impossible to prevent copyingof digital data, which is just a stream of bits – ones and zeros: Once you can read it, you cancopy it. With...

Persistent link: https://www.econbiz.de/10005868877