Marriage markets with externalities
AbstractThis paper examines a marriage market with externality. We first develop an appropriate notion of stability for this market, called E-stability. We provide an example to show that an E-stable outcome need not exist. We then derive conditions under which an E-stable outcome exists.
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Bibliographic InfoPaper provided by Indian Statistical Institute, New Delhi, India in its series Indian Statistical Institute, Planning Unit, New Delhi Discussion Papers with number 04-11.
Length: 11 pages
Date of creation: Jan 2004
Date of revision:
Marriage model; stability; externalities;
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