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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
the core using either of the population sensitivity properties in addition to weak unanimity and consistency. On the …
Persistent link: https://www.econbiz.de/10008677738
Persistent link: https://www.econbiz.de/10011628381
Persistent link: https://www.econbiz.de/10011793329
In the context of resource allocation on the basis of priorities, Ergin (2002) identifies a necessary and sufficient condition on the priority structure such that the student-optimal stable mechanism satisfies a consistency principle. Ergin (2002) formulates consistency as a local property based...
Persistent link: https://www.econbiz.de/10010547445
In the context of resource allocation on the basis of priorities, Ergin (2002) identifies a necessary and sufficient condition on the priority structure such that the student-optimal stable mechanism satisfies a consistency principle. Ergin (2002) formulates consistency as a local property based...
Persistent link: https://www.econbiz.de/10008871269
In a dynamic model of assignment problems, small deviations suffice to move between stable outcomes. This result is used to obtain no-selection and almost-no-selection results under the stochastic stability concept for uniform and payoff-dependent errors. There is no-selection of partner or...
Persistent link: https://www.econbiz.de/10010376447
We study a labor market with finitely many heterogeneous workers and firms to illustrate the decentralized (myopic) blocking dynamics in two-sided one-to-one matching markets with continuous side payments (assignment problems, Shapley and Shubik, 1971). A labor market is unstable if there is at...
Persistent link: https://www.econbiz.de/10010222185
with a non-empty core), if a subsolution of the core satisfies [indifference with respect to dummy agents, continuity, and … consistency] or [Pareto indifference and consistency], then it coincides with the core (Theorems 1 and 2). However, we also prove … with the core whenever the core is non-empty (Theorem 3). Finally, we comment on the difficulty in obtaining further …
Persistent link: https://www.econbiz.de/10014207008
characterizations of the core using either competition or resource sensitivity. On the domain of all roommate markets, we obtain two …
Persistent link: https://www.econbiz.de/10005754944