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The Stable Fixtures problem (Irving and Scott (2007)) is a generalized matching model that nests the well-known Stable Roommates, Stable Marriage, and College Admissions problems as special cases. This paper extends a result of the Stable Roommates problem to demonstrate that a class of...
Persistent link: https://www.econbiz.de/10012167988
This article analyzes termination in international joint ventures (IJVs) with a set theoretic approach and fuzzy set Qualitative Comparative Analysis (fsQCA) to show that parent contribution, ownership, managerial configuration and experience can lead to a successful end of a joint venture. The...
Persistent link: https://www.econbiz.de/10012037072
How has the microcredit movement managed to push financial frontiers? Theory shows that if borrowers vary in unobservable risk, then group‐based, joint liability contracts price for risk more accurately than individual contracts, provided that borrowers match with others of similar project...
Persistent link: https://www.econbiz.de/10012214066
This paper studies a stability notion and matching processes in the job market with incomplete information on the workers' side. Each worker is associated with a type, and each firm cares about the type of her employee under a match. Moreover, firms' information structure is described by...
Persistent link: https://www.econbiz.de/10012159014
The Efficiency Adjusted Deferred Acceptance Matching Rule (EDA) is a promising candidate mechanism for public school assignment. A potential drawback of EDA is that it could encourage students to game the system since it is not strategy-proof. However, to successfully strategize, students...
Persistent link: https://www.econbiz.de/10013217337
This paper considers competitive search equilibrium in a market for a good whose quality differs across sellers. Each seller knows the quality of the good that he or she is offering for sale, but buyers cannot observe quality directly. We thus have a "market for lemons" with competitive search...
Persistent link: https://www.econbiz.de/10015054167
This paper considers competitive search equilibrium in a market for a good whose quality differs across sellers. Each seller knows the quality of the good that he or she is offering for sale, but buyers cannot observe quality directly. We thus have a "market for lemons" with competitive search...
Persistent link: https://www.econbiz.de/10015053938