Fu, Hu; Kleinberg, Robert D.; Lavi, Ron; Smorodinsky, Rann - In: Theoretical economics : TE ; an open access journal in … 12 (2017) 1, pp. 1-24
We study a two-sided matching market with a set of heterogeneous firms and workers in an environment where jobs are secured by regulation. Without job security Kelso and Crawford have shown that stable outcomes and efficiency prevail when all workers are gross substitutes to each firm. It turns...
