Showing 1 - 10 of 8,022
Persistent link: https://www.econbiz.de/10011947295
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
Persistent link: https://www.econbiz.de/10009793162
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
Persistent link: https://www.econbiz.de/10011974917
Persistent link: https://www.econbiz.de/10003738277
Persistent link: https://www.econbiz.de/10010532559
Persistent link: https://www.econbiz.de/10011503305
Persistent link: https://www.econbiz.de/10011665343
Persistent link: https://www.econbiz.de/10011859566