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work is the issue of existence and uniqueness of equilibrium. We resolve this question in the affirmative, assuming the …
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-off between price and trade probability. We present a novel proof of existence of a unique demand vector in Nash equilibrium …
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This paper examine a class of two-sided matching problems with non-transferable utility. Agents are horizontally differentiated, and each would prefer to be matched with a similar partner; in short, “like attracts like”. Although such preferences imply a unique stable matching, the degree of...
Persistent link: https://www.econbiz.de/10005369070
This paper examines a class of two-sided matching problems with non-transferable utility. Agents are horizontally differentiated, and each would prefer to be matched to a similar partner, i.e. "like attracts like". such preferences imply a unique equilibrium assignment describing the pattern of...
Persistent link: https://www.econbiz.de/10005369085
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