In an exchange economyw ith a finite number of indivisible goods, we analyze a dynamic trading process of coalitional recontracting where agents may make mistakes with small probability. We show first that the recurrent classes of the unperturbed (mistakefree) process consist of (i) all core...

In an exchange economy with a finite number of indivisible goods, we analyze a dynamic trading process of coalitional recontracting where agents may make mistakes with small probability. We show first that the recurrent classes of the unperturbed (mistake free) process consist of (i) all core...

Concern over the distributional effects of policies which induce changes in peer group structure, or associational redistributions (Durlauf, 1996c), motivates a substantial body of theoretical and empirical research in economics, sociology, psychology, and education. A growing collection of...

In this paper, an integer quadratic programming model is proposed for workload balancing in the examination job assignment problem. The proposed model can be classified as part of the 'Generalised Assignment Problem' or GAP, which is known as an NP-hard problem. To solve the proposed model, a...

In this paper, an integer quadratic programming model is proposed for workload balancing in the examination job assignment problem. The proposed model can be classified as part of the 'Generalised Assignment Problem' or GAP, which is known as an NP-hard problem. To solve the proposed model, a...