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characterize the existence of stable assignments in many-to-one matching problems with externalities. The set of stable matchings … bottom q-substitutability that guarantees the existence of at least one stable matching when the set of estimations includes … all possible matches. Finally, we analyze a notion of the core and its relation with the set of stable assignments. …
Persistent link: https://www.econbiz.de/10012195202
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10010670654
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
Decentralized matching markets on the internet allow large numbers of agents to interact anonymously at virtually no … 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
One-sided assignment problems combine important features of two well-known matching models. First, as in roommate … problems, any two agents can be matched and second, as in two-sided assignment problems, the payoffs of a matching can be … with a non-empty core), if a subsolution of the core satisfies [indifference with respect to dummy agents, continuity, and …
Persistent link: https://www.econbiz.de/10005004550
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …
Persistent link: https://www.econbiz.de/10010686932
We formulate a notion of stable outcomes in matching problems with one-sided asymmetric information. The key conceptual …
Persistent link: https://www.econbiz.de/10010587848
We introduce a matching model in which agents engage in joint ventures via multilateral contracts. This approach allows … us to consider production complementarities previously outside the scope of matching theory. We show analogues of the … equilibria exist, correspond to stable outcomes, and yield core outcomes. Competitive equilibria exist in our setting even when …
Persistent link: https://www.econbiz.de/10011189755
study of value theory and core theory. These two theories are the key to solving problems involving the allocation of goods …, such as the exploration of stable solutions for matching and exchange, the measurement of power and a deeper understanding …
Persistent link: https://www.econbiz.de/10011141073
A large literature uses matching models to analyze markets with two-sided heterogeneity, studying problems such as the … matching of students to schools, residents to hospitals, husbands to wives, and workers to firms. The analysis typically … assumes that the agents have complete information, and examines core outcomes. We formulate a notion of stable outcomes in …
Persistent link: https://www.econbiz.de/10010568127