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Hatfield, John William; Kominers, Scott Duke; Nichifor, … - In: Theoretical economics : TE ; an open access journal in … 14 (2019) 4, pp. 1535-1590

properties in diverse settings such as matching, auctions, and exchange economies with indivisible goods. We extend earlier …

Persistent link: https://www.econbiz.de/10012158861

Chain stability in trading networks

Hatfield, John William; Kominers, Scott Duke; Nichifor, … - In: Theoretical economics : TE ; an open access journal in … 16 (2021) 1, pp. 197-234

In a general model of trading networks with bilateral contracts, we propose a suitably adapted chain stability concept that plays the same role as pairwise stability in two-sided settings. We show that chain stability is equivalent to stability if all agents' preferences are jointly fully...

Persistent link: https://www.econbiz.de/10012415626

Matching with slot-specific priorities : theory

Kominers, Scott Duke; Sönmez, Tayfun - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 2, pp. 683-710

We introduce a two-sided, many-to-one matching with contracts model in which agents with unit demand match to branches … matching markets with slot-specific priorities, branches' choice functions may not satisfy the substitutability conditions … typically crucial for matching with contracts. Despite this complication, we are able to show that stable outcomes exist in the …

Persistent link: https://www.econbiz.de/10011671965

Matching to share risk

Chiappori, Pierre-André; Reny, Philip J. - In: Theoretical economics : TE ; an open access journal in … 11 (2016) 1, pp. 227-251

We consider a matching model in which individuals belonging to two populations (\textquotedblleft males … which few general results have previously been derived. We show that in this framework a stable matching always exists, it …

Persistent link: https://www.econbiz.de/10011672274

Transferable utility and demand functions

Chiappori, Pierre-André; Gugl, Elisabeth - In: Theoretical economics : TE ; an open access journal in … 15 (2020) 4, pp. 1307-1333

While many theoretical works, particularly in Family Economics, rely on the Transferable Utility (TU) assumption, its exact implications in terms of individual preferences have never been fully worked out. In this paper, we provide a set of necessary and sufficient conditions for a group to...

Persistent link: https://www.econbiz.de/10012415404