Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10011573872
We consider an environment where agents must be allocated to one of three kinds of hierarchical positions with limited capacities. No monetary transfers are allowed. We assume that agents' payoffs for being assigned to medium positions are their private information, and we consider bayesian...
Persistent link: https://www.econbiz.de/10013056455
Persistent link: https://www.econbiz.de/10014426080
Persistent link: https://www.econbiz.de/10011490271
Persistent link: https://www.econbiz.de/10014339774
Motivated by growing evidence of agents' mistakes in strategically simple environments, we propose a solution concept---robust equilibrium---that requires only an asymptotically optimal behavior. We use it to study large random matching markets operated by the applicant-proposing Deferred...
Persistent link: https://www.econbiz.de/10014079700