This paper examines non-cooperative implementation of stable outcomes in an assignment model. We find that there are two critical features that ensure stability - that the responders can hold more than one offer at the same time and that the proposers cannot renege on their offer once some agent...

We consider a generalized assignment model where the payoffs depend on the number of matchings that take place. We formulate a simple non-cooperative game and look for subgame perfect equilibrium of this model. Existence is established for a wide class of games. We also look at a refinement...

\Ve consider a generalised assignment model where the payoffs depend on the number of matchings that take place. We define several notions of stability, where these notions differ in the way the agents perceive their payoffs following a deviation. We show that if the agents are very pessimistic...

The problem of unprofitable, as well as inefficient generation of electricity is attributed among other reasons, to the one-part tariff charged by the central electricity generating units from the state electricity boards (SEBs). We argue that the objective function of the SEBs depends on the...