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game. Conversely, the set of repeated matching (or social) equilibria also includes some plays that are not part of any … definitions, as well as the relationship to renegotiation-proof equilibrium. It is possible for repeated matching equilibria to be …
Persistent link: https://www.econbiz.de/10005423090
unique outcome, the worker-optimal matching. …
Persistent link: https://www.econbiz.de/10005423104
A coalitional matching is a two-sided matching problem in which agents on each side of the market may form coalitions …
Persistent link: https://www.econbiz.de/10005423256
It is known that in two-sided many-to-many matching markets, pair-wise stability is not logically related with the … (weak) core, unlike in many-to-one matching markets (Blair, 1988). In this paper, we seek a theoretical foundation for …-partner matching problem that includes two-sided matching problems as special cases. Under the same preference restriction, we also …
Persistent link: https://www.econbiz.de/10005385430
We study hedonic games with heterogeneous player types that reflect her nationality, ethnic background, or skill type. Agents' preferences are dictated by status-seeking where status can be either local or global. The two dimensions of status define the two components of a generalized constant...
Persistent link: https://www.econbiz.de/10008674334
the auction in which k1 objects are sold in the first round and k2 in the second round, with and without revelation of the … first-round revenue. Thus, revenue is greater in a single-round, uniform auction for k = k1 + k2 objects than in a … sequential uniform auction with no bid announcement. When the first-round winning bids are announced, we also identify two …
Persistent link: https://www.econbiz.de/10005385440
This paper presents an open ascending price mechanism that allocates efficiently M units of the same good among N bidders with interdependent values The mechanism consists of a number of sequential English auctions with reentry and has the following attributes. In each of the individual auctions...
Persistent link: https://www.econbiz.de/10004990057
The seller of N distinct objects is uncertain about the buyer’s valuation for those objects. The seller’s problem, to maximize expected revenue, consists of maximizing a linear functional over a convex set of mechanisms. A solution to the seller’s problem can always be found in an extreme...
Persistent link: https://www.econbiz.de/10008489607
In this paper, we consider the problem of choosing a set of multi-party contracts, where each coalition of agents has a non-empty finite set of feasible contracts to choose from. We call such problems, contract choice problems. The main result of this paper states that every contract choice...
Persistent link: https://www.econbiz.de/10004990064
The literature on school choice assumes that families can submit a preference list over all the schools they want to be assigned to. However, in many real-life instances families are only allowed to submit a list containing a limited number of schools. Subjects' incentives are drastically...
Persistent link: https://www.econbiz.de/10005008015