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We provide conditions for local stability and instability of an equilibrium point in certain systems of nonautonomous …
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We study the welfare effects of different types of pre-arrangements (as identified in Sönmez in J Econ Theory 86:148–156, <CitationRef CitationID="CR25">1999</CitationRef>) under the intern-optimal and hospital-optimal stable mechanisms in matching markets. First, both mechanisms are manipulable via Type-2 pre-arrangements. Regarding...</citationref>
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is traditional to impose an ad-hoc stability condition on the best response function. This paper relates the stability …
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