con-nected components of stationary states. The stability properties of these components can depend critically on the … sufficient condition is provided for drift to create stationary states, with strong stability properties, near a component of …

different out-of-equilibrium behavior, appear in connected components of stationary states. The stability properties of these … stability properties near a component of equilibria. This result is used to derive comparative static predictions concerning …

We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to … markets often culminate in efficient matchings, stability is more elusive, reflecting the difficulty of arranging attendant … transfers. Second, incomplete information and submodularity present hurdles to efficiency and especially stability; their …

We experimentally study decentralized one-to-one matching markets with transfers. We vary the information available to … markets often culminate in efficient matchings, stability is more elusive, reflecting the difficulty of arranging attendant … transfers. Second, incomplete information and submodularity present hurdles to efficiency and especially stability; their …

We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …

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 … matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair …

We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …

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 … matching problems with one-sided asymmetric information. The key conceptual problem is to formulate a notion of a blocking pair …