Similar Search Results

Transfers and exchange-stability in two-sided matching problems

Lazarova, Emiliya A.; Borm, Peter; Estévez-Fernández, … - 2014

In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by … matching to a matching of maximum total reward, one can always provide a compensation schedule that will be ex-post stable in … uses the fact that the core of an associated compensation matching game with constraints is nonempty. …

Persistent link: https://www.econbiz.de/10010373726

Intermediation in networks

Siedlarek, Jan-Peter - 2014

I study intermediation in networked markets using a stochastic model of multilateral bargaining in which traders compete on different routes through the network. I characterize stationary equilibrium payoffs as the fixed point of a set of intuitive value function equations and study efficiency...

Persistent link: https://www.econbiz.de/10010403606

Taxation in matching markets

Dupuy, Arnaud; Galichon, Alfred; Jaffe, Sonia; … - 2020

We analyze the effects of taxation in two-sided matching markets where agents have heterogeneous preferences over … potential partners. Our model provides a continuous link between models of matching with and without transfers. Taxes generate …

Persistent link: https://www.econbiz.de/10012232898

Pricing and investments in matching markets

Mailath, George J.; Postlewaite, Andrew; Samuelson, Larry - In: Theoretical economics : TE ; an open access journal in … 8 (2013) 2, pp. 535-590

make investments before matching in a competitive market. We introduce the notion of premune-ation values—the values to the …

Persistent link: https://www.econbiz.de/10011686665

Smith and Rawls Share a Room: Stability and Medians

Klaus, Bettina; Klijn, Flip - Harvard Business School, Harvard University - 2009

We consider one-to-one, one-sided matching (roommate) problems in which agents can either be matched as pairs or remain … with transitivity of blocking leads to an elementary proof of the so-called stable median matching theorem, showing how the …-sided matching problems. …

Persistent link: https://www.econbiz.de/10005754964

Information Percolation with Equilibrium Search Dynamics

DUFFIE, Darrell; MALAMUD, Semyon; MANSO, Gustavo

We solve for the equilibrium dynamics of information sharing in a large population. Each agent is endowed with signals regarding the likely outcome of a random variable of common concern. Individuals choose the effort with which they search for others from whom they can gather additional...

Persistent link: https://www.econbiz.de/10005227622

Information Percolation in Segmented Markets

DUFFIE, Darrell; MALAMUD, Semyon; MANSO, Gustavo - 2010

We calculate equilibria of dynamic double-auction markets in which agents are distinguished by their preferences and information. Over time, agents are privately informed by bids and offers. Investors are segmented into groups that differ with respect to characteristics determining information...

Persistent link: https://www.econbiz.de/10008922909

Assignment maximization

Afacan, Mustafa Oðuz; Bó, Inácio Guerberoff Lanari; … - 2018

We evaluate the goal of maximizing the number of individually rational assignments. We show that it implies incentive, fairness, and implementation impossibilities. Despite that, we present two classes of mechanisms that maximize assignments. The first are Pareto efficient, and undominated - in...

Persistent link: https://www.econbiz.de/10011793994

Trade with search frictions : identifying new gains from trade

Ara, Tomohiro - 2023

Persistent link: https://www.econbiz.de/10014429123

Labor market dynamics with sorting

Schulz, Bastian - 2023

I study a dynamic search-matching model with two-sided heterogeneity, a production complementarity that induces labor …

Persistent link: https://www.econbiz.de/10014366741