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Core stability and core selection in a decentralized labor matching market

Nax, Heinrich H.; Pradelski, Bary S. R. - In: Games 7 (2016) 2, pp. 1-16

are currently employed/unemployed. We show that such a process is absorbed into the core with probability one in finite … time. Moreover, within the core, allocations are selected that are characterized by surplus splitting according to a …

Persistent link: https://www.econbiz.de/10011453256

The evolution of core stability in decentralized matching markets

Nax, Heinrich H.; Pradelski, Bary S. R.; Young, H. Peyton - 2013

sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …

Persistent link: https://www.econbiz.de/10009756276

Assignment games with externalities and matching-based Cournot competition

Chen, Bo - 2013

We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...

Persistent link: https://www.econbiz.de/10010191642

Fractional solutions for capacitated NTU-games, with applications to stable matchings

Biró, Péter; Fleiner, Tamás - 2012

In this paper we investigate some new applications of Scarf's Lemma. First, we introduce the notion of fractional core …

Persistent link: https://www.econbiz.de/10010494519

Substitution, complementarity, and stability

Stuart, Harborne W. - In: International game theory review 21 (2019) 1, pp. 1-15

Persistent link: https://www.econbiz.de/10012138693

A theory of stability in many-to-many matching markets

Echenique, Federico; Oviedo, Jorge - In: Theoretical economics : TE ; an open access journal in … 1 (2006) 2, pp. 233-273

-stable set, a core-like concept, is nonempty and can be approached through an algorithm. The usual core may be empty. The setwise … parallels the standard theory of stability for many-to-one, and one-to-one, models. We provide results for a number of core …

Persistent link: https://www.econbiz.de/10011703024