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For marriage markets with equal numbers of men and women and where all men find all women acceptable and all women find … all men acceptable, Sasaki and Toda (1992) characterize the core by anonymity, Pareto optimality, consistency, and … marriage markets by adding individual rationality and by replacing anonymity with gender fairness. We generalize both results …
Persistent link: https://www.econbiz.de/10010222181
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/10014219020
We develop a model of assignment games with pairwise-identitydependent externalities. A concept of conjectural equilibrium is proposed, and the universal conjecture is shown to be the necessary and sufficient condition for the general existence of equilibrium. We then apply the solution concept...
Persistent link: https://www.econbiz.de/10010191642
Pairing Games or Markets studied here are the non-two-sided NTU generalization of assignment games. We show that the Equilibrium Set is nonempty, that it is the set of stable allocations or the set of semistable allocations, and that it has several notable structural properties. We also...
Persistent link: https://www.econbiz.de/10010350435
all possible matches. Finally, we analyze a notion of the core and its relation with the set of stable assignments. …
Persistent link: https://www.econbiz.de/10012195202
This paper studies matching markets where institutions are matched with possibly more than one individual. The matching market contains some couples who view the pair of jobs as complements. First, we show by means of an example that a stable matching may fail to exist even when both couples and...
Persistent link: https://www.econbiz.de/10012907657
In this paper, we study marriage formation through a two-sided secretary problem approach. We consider individuals with … characteristics. We show that individuals with a higher universal characteristic tend to be more picky in their marriage hunting. This …
Persistent link: https://www.econbiz.de/10013081052
mechanisms, one of which is a variant of the other, to the marriage problem. Our original mechanism implements the full set of …
Persistent link: https://www.econbiz.de/10011716025
We study the classical, two-sided stable marriage problem under pairwise preferences. In the most generalsetting …
Persistent link: https://www.econbiz.de/10012212181
In the stable marriage problem, a set of men and a set of women are given, each of whom has a strictly ordered …
Persistent link: https://www.econbiz.de/10012212201