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Contracts vs. preferences over colleagues in matching

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  • Francis Flanagan

Abstract

I introduce a general many-to-one matching framework which includes the matching with contracts model as well as models of matching with preferences over colleagues as special cases. I show that this general model can be embedded into the model with contracts, and the model with contracts can be embedded in the model with preferences over colleagues, thus the models are equivalent, and all results from the many-to-one matching with preferences over colleagues literature and the model with contracts literature can be applied to each other. Copyright Springer-Verlag Berlin Heidelberg 2015

Suggested Citation

  • Francis Flanagan, 2015. "Contracts vs. preferences over colleagues in matching," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(1), pages 209-223, February.
  • Handle: RePEc:spr:jogath:v:44:y:2015:i:1:p:209-223
    DOI: 10.1007/s00182-014-0426-x
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    References listed on IDEAS

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    1. Dutta, Bhaskar & Masso, Jordi, 1997. "Stability of Matchings When Individuals Have Preferences over Colleagues," Journal of Economic Theory, Elsevier, vol. 75(2), pages 464-475, August.
    2. Echenique, Federico & Yenmez, M. Bumin, 2007. "A solution to matching with preferences over colleagues," Games and Economic Behavior, Elsevier, vol. 59(1), pages 46-71, April.
    3. Roth, Alvin E, 1984. "Stability and Polarization of Interests in Job Matching," Econometrica, Econometric Society, vol. 52(1), pages 47-57, January.
    4. John William Hatfield & Fuhito Kojima, 2008. "Matching with Contracts: Comment," American Economic Review, American Economic Association, vol. 98(3), pages 1189-1194, June.
    5. John William Hatfield & Paul R. Milgrom, 2005. "Matching with Contracts," American Economic Review, American Economic Association, vol. 95(4), pages 913-935, September.
    6. Ma, Jinpeng, 2001. "Job Matching and Coalition Formation with Utility or Disutility of Co-workers," Games and Economic Behavior, Elsevier, vol. 34(1), pages 83-103, January.
    7. Marek Pycia, 2012. "Stability and Preference Alignment in Matching and Coalition Formation," Econometrica, Econometric Society, vol. 80(1), pages 323-362, January.
    8. Kelso, Alexander S, Jr & Crawford, Vincent P, 1982. "Job Matching, Coalition Formation, and Gross Substitutes," Econometrica, Econometric Society, vol. 50(6), pages 1483-1504, November.
    9. Kominers, Scott Duke, 2010. "Matching with preferences over colleagues solves classical matching," Games and Economic Behavior, Elsevier, vol. 68(2), pages 773-780, March.
    10. Orhan Ayg?n & Tayfun S?nmez, 2013. "Matching with Contracts: Comment," American Economic Review, American Economic Association, vol. 103(5), pages 2050-2051, August.
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    Cited by:

    1. Liu, Ce, 2018. "Stability in Repeated Matching Markets," Working Papers 2018-13, Michigan State University, Department of Economics.

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    More about this item

    Keywords

    Many-to-one matching; Matching with contracts; Matching with colleagues; Coalition formation; Stability; C62; C78;
    All these keywords.

    JEL classification:

    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory

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