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in the marriage market: in this case the ω-core and the α-core coincide and are both non-empty. In addition, we show that …We consider marriage markets with externalities. We focus on weak externalities, that is, markets in which each agent …
Persistent link: https://www.econbiz.de/10014080530
Scarf's algorithm [18] provides fractional core elements for NTU-games. Biró and Fleiner [3] showed that Scarf …
Persistent link: https://www.econbiz.de/10010127754
In many matching problems, it is natural to consider that agents may have preferences not only over the set of potential partners but also over what other matches occur. Once such externalities are considered, the set of stable matchings will depend on what agents believe will happen if they...
Persistent link: https://www.econbiz.de/10014067988
(1962) yields outcomes for a generalised marriage problem, which are necessarily stable. We also show that any outcome of …
Persistent link: https://www.econbiz.de/10014073889
In this paper, we study different notions of stability for three-sided assignment games. Since the core may be empty in …-Morgenstern stable sets. The dominant diagonal property is necessary for the core to be a stable set, and also sufficient in the case … of the extended cores of all μ-compatible subgames, for a given optimal matching μ, is the core with respect to those …
Persistent link: https://www.econbiz.de/10012011087
Persistent link: https://www.econbiz.de/10001927948
The absence of simultaneous cycles is a sufficient condition for the existence of singleton cores. Acyclicity in the preferences of either side of the market is a minimal condition that guarantees the existence of singleton cores
Persistent link: https://www.econbiz.de/10014178500
sell-side). This simple and intuitive learning process implements core allocations even though agents have no knowledge of …
Persistent link: https://www.econbiz.de/10014157261
We investigate the relationship between the inner core and asymmetric Nash bargaining solutions for n-person bargaining … positive vectors of weights coincides with the inner core if all points in the underlying bargaining set are strictly positive … results on non-cooperative foundations of cooperative games. -- Inner Core ; Asymmetric Nash Bargaining Solution ; Competitive …
Persistent link: https://www.econbiz.de/10009268595
In a dynamic model of assignment problems, small deviations suffice to move between stable outcomes. This result is used to obtain no-selection and almost-no-selection results under the stochastic stability concept for uniform and payoff-dependent errors. There is no-selection of partner or...
Persistent link: https://www.econbiz.de/10010376447