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is a necessary and sufficient condition. It simultaneously ensures perfect positive assortative matching, so that single …
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We provide a framework for studying two-sided matching markets with incomplete information. The framework accommodates …
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We study a two-sided job market matching setting with transferable utilities and incomplete information on both sides …. We propose a definition of stable matching with two-sided incomplete information. Assume that the workers and firms … knowledge that the wage is strictly increasing in their types. We show that every stable matching outcome is efficient …
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A standing question in the theory of matching markets is how to define stability under incomplete information. This … possible degree of rationality that can be ascribed to their proponents. A matching is deemed “stable” if maintaining the …
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This paper considers evolutionarily stable strategies (ESS) in a take-it-or-leave-it offer bargaining game with incomplete information. We find responders reject offers which yield a higher positive material payoff than their outside option. Proposers, in turn, make more attractive offers than...
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