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unique outcome, the worker-optimal matching. …
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In matching markets the number of blocking pairs is often used as a criterion to compare matchings. We argue that this … changes, nor will it capture the satisfaction of the players with the matching. As an alternative, we set up two principles … objection against the given matching according to a bargaining set characterization of the set of stable matchings. We prove …
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We develop a continuous time dynamic game to provide with a benchmark theory of Arab Spring-type events. We consider a … institutional change literature. Finally, we emphasize how the theory may help explaining some key features of the Arab Spring. …
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This paper examines capacity-constrained oligopoly pricing with sellers who seek myopic improvements. We employ the Myopic Stable Set solution concept and establish the existence of a unique pure-strategy price solution for any given level of capacity. This solution is shown to coincide with the...
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In has been frequently observed, in both economics and psychology, that individuals tend to conform to the choices of other individuals with whom thy identify. Can such conformity be consistent with self-interested behaviour? To address this question we use the framework of games with incomplete...
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