Nax, Heinrich H.; Pradelski, Bary S. R. - In: Games 7 (2016) 2, pp. 1-16
We propose a dynamic model of decentralized many-to-one matching in the context of a competitive labor market. Through … 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 …