Hierarchical Assignments: Stability and Fairness
Abstract
We study a simple model of the job market, where workers are assigned to employers. We specify conditions under which the market is hierarchical in a natural sense. For such hierarchies, we can state explicit values for the earnings in the worker-optimal and employer-optimal solutions. This is a discrete analogue to the Ricardian differential rent model of Sattinger (1979). We discuss the compatibility problems between fairness and stability of earnings and assignments and argue for a certain solution.Download Info
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Paper provided by Stockholm School of Economics in its series Working Paper Series in Economics and Finance with number 201.Length: 15 pages
Date of creation: 27 Oct 1997
Date of revision:
Publication status: Published in Mathematical Social Sciences, 2000, pages 109-118.
Handle: RePEc:hhs:hastef:0201
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Postal: The Economic Research Institute, Stockholm School of Economics, P.O. Box 6501, 113 83 Stockholm, Sweden
Phone: +46-(0)8-736 90 00
Fax: +46-(0)8-31 01 57
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Web page: http://www.hhs.se/
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Related research
Keywords: Hierarchies; assignment; fairness; envy;Other versions of this item:
- Eriksson, Kimmo & Karlander, Johan & Öller, Lars-Erik, 1996. "Hierarchical Assignments: Stability and Fairness," Working Paper 50, National Institute of Economic Research.
- C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Marcus Mossfeldt & Par Osterholm, 2011.
"The persistent labour-market effects of the financial crisis,"
Applied Economics Letters,
Taylor and Francis Journals, vol. 18(7), pages 637-642.
- Österholm, Pär & Mossfeldt, Marcus, 2010. "The Persistent Labour-Market Effects of the Financial Crisis," Working Paper 117, National Institute of Economic Research.
- Boman, Mattias & Huhtala, Anni & Nilsson, Charlotte & Alroth, Sofia & Bostedt, Göran & Mattssson, Leif & Gong, Peichen, 2003. "Applying the Contingent Valuation Method in Resource Accounting: A Bold Proposal," Working Paper 85, National Institute of Economic Research.
- Vartiainen, Juhana, 2010. "Interpreting Wage Bargaining Norms," Working Paper 116, National Institute of Economic Research.
- Beechey, Meredith & Österholm, Pär, 2013. "Central Bank Forecasts of Policy Interest Rates: An Evaluation of the First Years," Working Paper 128, National Institute of Economic Research.
- Östblom, Göran & Ljunggren Söderman, Maria & Sjöström, Magnus, 2010. "Analysing future solid waste generation - Soft linking a model of waste management with a CGE-model for Sweden," Working Paper 118, National Institute of Economic Research.
- Gren, Ing-Marie, 2003. "Monetary Green Accounting and Ecosystem Services," Working Paper 86, National Institute of Economic Research.
- Lindström, Tomas, 2003. "The Role of High-Tech Capital Formation for Swedish Productivity Growth," Working Paper 83, National Institute of Economic Research.
- Forslund, Johanna & Samakovlis, Eva & Vredin Johansson, Maria, 2006. "Matters Risk? The Allocation of Government Subsidies for Remediation of Contaminated Sites under the Local Investment Programme," Working Paper 94, National Institute of Economic Research.
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