Showing 1 - 10 of 1,196
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 …. The second part of the paper proposes new techniques to analyse the behaviour of matching markets. We introduce the Stable …
Persistent link: https://www.econbiz.de/10010494477
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 …. The second part of the paper proposes new techniques to analyse the behaviour of matching markets. We introduce the Stable …
Persistent link: https://www.econbiz.de/10009229825
Persistent link: https://www.econbiz.de/10010402969
Persistent link: https://www.econbiz.de/10013366461
environments with divisible goods and indivisible money, and compare the results with those in models that use random matching and … allocations that are similar to those with random matching and bargaining, but with different comparative static and welfare …
Persistent link: https://www.econbiz.de/10012987706
core. In one-on-one matching, core allocations are stable in the sense that no pair of unmatched or otherwise matched … can be adopted in a stochastic process with repeated re-matching. In this paper, we investigate sequences of matching with … data from an experimental 2×2 labor market with wage negotiations. This market has seven possible matching structures …
Persistent link: https://www.econbiz.de/10012974283
characterized by computational complexity. Given their critical importance, there is need for network and security risk management … Algorithms, Gibbs Sampling and Metropolis-Hastings Algorithm. Network and security risk management application focus is on how …
Persistent link: https://www.econbiz.de/10013029835
Generalising the idea of the classical EM algorithm that is widely used for computing maximum likelihood estimates, we … propose an EM-Control (EM-C) algorithm for solving multi-period finite time horizon stochastic control problems. The new … algorithm sequentially updates the control policies in each time period using Monte Carlo simulation in a forward …
Persistent link: https://www.econbiz.de/10012979815
providing algorithmic differentiations.By defining a common interface an algorithm can be formulated independently of the type …
Persistent link: https://www.econbiz.de/10012911558
This paper evaluates the accuracy of a set of techniques that approximate the solution of continuous-time DSGE models. Using the neoclassical growth model I compare linear-quadratic, perturbation and projection methods. All techniques are applied to the HJB equation and the optimality conditions...
Persistent link: https://www.econbiz.de/10013072550