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all men acceptable, Sasaki and Toda (1992) characterize the core by anonymity, Pareto optimality, consistency, and … by characterizing the core on the domain of no odd rings roommate markets by individual rationality, anonymity, Pareto …
Persistent link: https://www.econbiz.de/10010222181
Using a bi-choice graph technique (Klaus and Klijn, 2009), we show that a matching for a roommate market indirectly … dominates another matching if and only if no blocking pair of the former is matched in the latter (Proposition 1). Using this … von Neumann-Morgenstern farsightedly stable if and only if the matching is stable (Theorem 1). We also present roommate …
Persistent link: https://www.econbiz.de/10013159464
existence of equilibrium. We then apply the solution concept to a matching-based Cournot model in which the unit production cost … technology and human capital are complementary, the positive assortative matching (PAM) is a stable matching under rational … marginal effects of technology and human capital, the PAM is still a rational stable matching. However, if the substitutive …
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cannot include matchings that are not in the core. Moreover, we show that our main result is robust to many-to-one matching … stable when agents are farsighted in one-to-one matching problems. We provide the characterization of vNM farsightedly stable … sets: a set of matchings is a vNM farsightedly stable set if and only if it is a singleton subset of the core. Thus …
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