Showing 1 - 10 of 331
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10010312355
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10005423090
We examine a new class of games, which we call social games, where players not only choose strategies but also choose … players in different roles, among other things. We also examine finite repetitions of games where players may choose to … rematch in any period. Some equilibria of fixed-player repeated games cannot be sustained as equilibria in a repeated social …
Persistent link: https://www.econbiz.de/10005062336
Scarf's algorithm [18] provides fractional core elements for NTU-games. Biró and Fleiner [3] showed that Scarf …'s algorithm can be extended for capacitated NTU-games. In this setting agents can be involved in more than one coalition at a time … show that if a stable allocation yielded by the Scarf algorithm turns outto be integral then it provides a stable matching …
Persistent link: https://www.econbiz.de/10010127754
We study the existence of group strategy-proof stable rules in many-to-many matching markets under responsiveness of agents' preferences. We show that when firms have acyclical preferences over workers the set of stable matchings is a singleton, and the worker-optimal stable mechanism is a...
Persistent link: https://www.econbiz.de/10012854197
satisfy RGSP, but is only necessary for the Top Trading Cycles rule. For the allocation of divisible private goods among …
Persistent link: https://www.econbiz.de/10012806548
Ostrovsky [10] develops a theory of stability for a model of matching in exogenously given networks. For this model a generalization of pairwise stability, chain stability, can always be satisfied as long as agents’ preferences satisfy same side substitutability and cross side complementarity....
Persistent link: https://www.econbiz.de/10010270419
We adopt the notion of von Neumann-Morgenstern farsightedly stable sets to predict which matchings are possibly stable when agents are farsighted in one-to-one matching problems. We provide the characterization of von Neumann-Morgenstern farsightedly stable sets: a set of matchings is a von...
Persistent link: https://www.econbiz.de/10010270949
Suppose that the agents of a matching market contact each other randomly and form new pairs if is in their interest. Does such a process always converge to a stable matching if one exists? If so, how quickly? Are some stable matchings more likely to be obtained by this process than others? In...
Persistent link: https://www.econbiz.de/10010494477
for NTU-games, which is always nonempty by the Lemma. Stable allocation is a general solution concept for games where both … the players and their possible cooperations can have capacities. We show that the problem of finding a stable allocation … interpretation of these results for matching games. Finally we consider an even more general setting where players' contributions in …
Persistent link: https://www.econbiz.de/10010494519