Showing 431 - 432 of 432
We propose an alternative notion of non-transferable utility (NTU) stability in matching models that relies on money burning. Our model captures an exchange economy with indivisible goods, fixed prices, and no centralized assignment mechanism. In these models, a non-transferable numeraire (e.g.,...
Persistent link: https://www.econbiz.de/10012854845
We provide a geometric formulation of the problem of identification of the matching surplus function and we show how the estimation problem can be solved by the introduction of a generalized entropy function over the set of matchings.
Persistent link: https://www.econbiz.de/10015370852