existence of equilibrium. We then apply the solution concept to a matching-based Cournot model in which the unit production cost … technology and human capital are complementary, the positive assortative matching (PAM) is a stable matching under rational … marginal effects of technology and human capital, the PAM is still a rational stable matching. However, if the substitutive …

of ones. We then define the balanced-core as a refinement ofthe core. A payoff vector lies in the balanced-core if it … lies in the core andthe payoff vector is an element of payoff sets of all graphs in some balanced collection ofgraphs. We … prove that any balanced graph game has a nonempty balanced-core.We conclude by some examples showing the usefulness of the …