both the vacancy-unemployment ratio and employment. We show that the standard version of the Mortensen-Pissarides matching … the matching model with sunk costs, new job openings react sluggishly to shocks, leading to highly realistic dynamics …

), and Lagos and Wright (2005) respectively. We Â…nd that the multilateral matching setting generates very simple and …

We investigate an extensive form sequential matching game of perfect information. We show that the subgame perfect … equilibrium of the sequential matching game leads to the unique stable matching when the Eeckhout Condition (2000) for existence … of a unique stable matching holds, regardless of the sequence of agents. This result does not extend to preferences that …