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Persistent link: https://www.econbiz.de/10003086356
We consider a network economy in which economic agents are connected within a structure of value-generating relationships. Agents are assumed to be able to participate in three types of economic activities: autarkic self-provision; binary matching interactions; and multi-person cooperative...
Persistent link: https://www.econbiz.de/10014179168
We study dynamic multilateral markets, in which players' payoffs result from coalitional bargaining. In this setting, we establish payoff uniqueness of the stationary equilibria when players exhibit some degree of impatience. We focus on market games with different player types, and derive under...
Persistent link: https://www.econbiz.de/10013114554
We investigate the impact of the 2005 UK Disability Discrimination Act on the educational and employment outcomes of older children, using UK Labour Force Survey data. The Act outlined new legal requirements on employers and qualification awarding bodies to make provisions for people with...
Persistent link: https://www.econbiz.de/10014356922
Persistent link: https://www.econbiz.de/10009238210
We study dynamic multilateral markets, in which players' payoffs result from coalitional bargaining. In this setting, we establish payoff uniqueness of the stationary equilibria when players exhibit some degree of impatience. We focus on market games with different player types, and derive under...
Persistent link: https://www.econbiz.de/10009126055
Persistent link: https://www.econbiz.de/10009248428
Persistent link: https://www.econbiz.de/10010217405
In this paper we consider one-to-many matching problems where the preferences of the agents involved are represented by monetary reward functions. We characterize Pareto optimal matchings by means of contractually exchange stability and matchings of maximum total reward by means of compensation...
Persistent link: https://www.econbiz.de/10010373726
Persistent link: https://www.econbiz.de/10009551937