Showing 1 - 10 of 315
Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no …
Persistent link: https://www.econbiz.de/10009756276
unique outcome, the worker-optimal matching. …
Persistent link: https://www.econbiz.de/10011593289
It is known that in two-sided many-to-many matching markets, pair-wise stability is not logically related with the … (weak) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for …-partner matching problem that includes two-sided matching problems as special cases. Under the same preference restriction, we also …
Persistent link: https://www.econbiz.de/10011593632
. For this purpose, we study an evolutionary game model with random matching, namely, a context in which a population of …-free technologies. -- Emissions Trading ; Technological Innovation ; Random Matching ; Evolutionary Game ; Penalty System ; Strategic …
Persistent link: https://www.econbiz.de/10009634267
Matching ; Labor Market Frictions ; Structural Estimation ; Efficiency ; Policy Analysis …
Persistent link: https://www.econbiz.de/10009379737
We consider one-to-one matching problems under two modalities of uncertainty that differ in the way types are assigned … know the "name" but not the "type" of the other players. Learning occurs via matching and using Bayes' rule. We introduce … Stability ; Two-Sided Matching …
Persistent link: https://www.econbiz.de/10009702237
Persistent link: https://www.econbiz.de/10001463371
This paper examines the effect of competition on the irreversible investment decisions under uncertainty as a generalization of the real option approach. We examine this issue with reference to an industry where each firm has only one investment opportunity which is completely irreversible and...
Persistent link: https://www.econbiz.de/10011591153
We consider a dynamic auction environment with a long-lived seller and short-lived buyers mediated by a third party. A mediator has incomplete information about traders' values and selects an auction mechanism to maximize her expected revenue. We characterize mediator-optimal mechanisms and show...
Persistent link: https://www.econbiz.de/10008659956
We consider multi-stage games, where at each stage, players receive private signals about past and current states, past actions and past signals, and choose actions. We fully characterize the distributions over actions, states, and signals that obtain in any (sequential) communication...
Persistent link: https://www.econbiz.de/10011872424