Showing 1 - 10 of 676,786
sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no … simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and …
Persistent link: https://www.econbiz.de/10010313218
.  We propose a completely uncoupled learning process that selects a subset of the core of the game with a natural equity …
Persistent link: https://www.econbiz.de/10011004342
sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no … simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and …
Persistent link: https://www.econbiz.de/10010665513
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 …
Persistent link: https://www.econbiz.de/10011453256
learning process converges in polynomial time to the core.  While convergence to the core is known for some types of … random walks and matching theory. …We study decentralized learning dynamics for the classic assignment game with transferable utility.  At random points …
Persistent link: https://www.econbiz.de/10011071726
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 …
Persistent link: https://www.econbiz.de/10010191642
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 …
Persistent link: https://www.econbiz.de/10011709879
sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no … simultaneously. We propose a decentralized, completely uncoupled learning process in such environments that leads to stable and …
Persistent link: https://www.econbiz.de/10014157261
Persistent link: https://www.econbiz.de/10011432937
review the papers that have addressed the allocation problem using cooperative game theory. We also relate the rules defined …
Persistent link: https://www.econbiz.de/10012503905