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A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …
Persistent link: https://www.econbiz.de/10010686932
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10010587848
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …
Persistent link: https://www.econbiz.de/10010568127
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10010670654
We propose positive and normative foundations for the average prekernel of NTU games, and compare them with the existing ones for the prekernel. In our non-cooperative analysis, the average prekernel is understood as the equilibrium payoffs of a game where each player faces the possibility of...
Persistent link: https://www.econbiz.de/10010318958
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10013080181
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10013098363
uses the fact that the core of an associated compensation matching game with constraints is nonempty. …In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in …
Persistent link: https://www.econbiz.de/10010373726
This paper is a survey of the work in the Nash program for coalitional games, a research agenda proposed by Nash (1953) to bridge the gap between the non-cooperative and cooperative approaches to game theory.
Persistent link: https://www.econbiz.de/10010318959
A new bargaining set based on notions of both internal and external stability is developed in the context of endogenous coalition formation. It allows to make an explicit distinction between within-group and outside-group deviation options. This type of distinction is not present in current...
Persistent link: https://www.econbiz.de/10012733871