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We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through …
Persistent link: https://www.econbiz.de/10011453256
within a fixed set (fixed matching) or they are randomly matched to play the game (random matching). The relevant long run …. -- Fixed and Random Matching ; Incomplete Information ; Ex-Post Regret Learning ; Nash Equilibrium ; Ex-Post Equilibrium …
Persistent link: https://www.econbiz.de/10008688967
within a fixed set (fixed matching) or they are randomly matched to play the game (random matching). The relevant long run …
Persistent link: https://www.econbiz.de/10013142432
This paper analyzes fairness and bargaining in a dynamic bilateral matching market. Traders from both sides of the …
Persistent link: https://www.econbiz.de/10012587476
In a coordination game such as the Battle of the Sexes, agents can condition their plays on external signals that can, in theory, lead to a Correlated Equilibrium that can improve the overall payoffs of the agents. Here we explore whether boundedly rational, adaptive agents can learn to...
Persistent link: https://www.econbiz.de/10011515836
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We know from Gale and Shapley (1962) that every Two-Sided Matching Game has a stable solution. It is also well …
Persistent link: https://www.econbiz.de/10011716025
by two matching processes: random matching and assortative matching. Our results indicate that random matching does not … matching and assortative matching. Interior Nash equilibrium is observed with assortative matching. However, this interior …
Persistent link: https://www.econbiz.de/10011561540
Applying unawareness belief structures introduced in Heifetz, Meier, and Schipper (2013a), we develop Bayesian games with unawareness, define equilibrium, and prove existence. We show how equilibria are extended naturally from lower to higher awareness levels and restricted from higher to lower...
Persistent link: https://www.econbiz.de/10010240317