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We formulate a general model and stability notion for two-sided pairwise matching problems with individually insignificant agents. Matchings are formulated as joint distributions over the characteristics of the populations to be matched. These characteristics can be high-dimensional and need not...
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We propose a learning dynamic with agents using samples of past play to estimate the distribution of other players' strategy choices and best responding to this estimate. To account for noisy play, estimated distributions over other players' strategy choices have full support in the other...
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We present a result on convexity and weak compactness of the range of a vector measure with values in a Banach space, based on the Maharam classification of measure spaces. Our result extends a recent result of Khan and Sagara [Illinois Journal of Mathematics, forthcoming].
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In an experiment we first elicit the distributional preferences of subjects and then let them bid for a lottery, either in a Becker-DeGroot-Marschak (BDM) mechanism or a Vickrey auction (VA). Standard theory predicts that altruistic subjects underbid in the VA - compared to the BDM - while...
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