A standing question in the theory of matching markets is how to define stability under incomplete information. This … possible degree of rationality that can be ascribed to their proponents. A matching is deemed “stable” if maintaining the … “incomplete-information stability,” a cooperative solution concept put forward by Liu, Mailath, Postlewaite, and Samuelson (2014 …

We provide a framework for studying two-sided matching markets with incomplete information. The framework accommodates … stability for a market state, which, based upon agents' information structure, requires (i) individual rationality, (ii) no … blocking and (iii) information stability. The novelty of our stability notion lies in how the agents evaluate a blocking …

We study a two-sided job market matching setting with transferable utilities and incomplete information on both sides …. We propose a definition of stable matching with two-sided incomplete information. Assume that the workers and firms … knowledge that the wage is strictly increasing in their types. We show that every stable matching outcome is efficient …

In this paper, we use a two-period one-to-one matching model with incomplete information to examine the effect of … whether to stay married or to unilaterally divorce. We show that, for any society, there exist matching environments where the … probability of the marital dissolution does not reduce divorce costs under gender-optimal matching rules. In such environments, an …

This paper studies a stability notion and matching processes in the job market with incomplete information on the …-specific information, we propose a stability notion which, in addition to requiring individual rationality and no blocking pairs, captures …

This paper shows that all perfect Bayesian equilibria of a dynamic matching game with two-sided incomplete information … competitive equilibria. -- Matching and bargaining ; search ; foundations for perfect competition ; two-sided incomplete …

This paper shows that all perfect Bayesian equilibria of a dynamic matching game with two-sided incomplete information … whole economy where all markets are open. -- Matching and Bargaining ; Search ; Foundations for Perfect Competition ; Two …