Farsightedly Stable Matchings
AbstractWe study the properties of von Neumann-Morgenstern farsightedly stable sets in application to matching models. We show that the result by Diamantoudi and Xue (2003) for hedonic games can be extended to a general matching with contracts framework: a collection of singleton stable sets constitutes a weak core of the matching with contracts game. We also show that singleton stable sets are invariant under different contractual languages.
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Bibliographic InfoPaper provided by NET Institute in its series Working Papers with number 12-26.
Length: 15 pages
Date of creation: Oct 2012
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farsighted stable sets;
Find related papers by JEL classification:
- C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-11-03 (All new papers)
- NEP-GTH-2012-11-03 (Game Theory)
- NEP-MIC-2012-11-03 (Microeconomics)
Please 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.:
- Bettina Klaus & Flip Klijn & Markus Walzl, 2011.
"Farsighted Stability for Roommate Markets,"
Journal of Public Economic Theory,
Association for Public Economic Theory, vol. 13(6), pages 921-933, December.
- Bettina Klaus & Flip Klijn & Markus Walzl, 2009. "Farsighted Stability for Roommate Markets," Working Papers 385, Barcelona Graduate School of Economics.
- Bettina-Elisabeth Klaus & Flip Klijn & Markus Walzl, 2009. "Farsighted Stability for Roommate Markets," Harvard Business School Working Papers 09-135, Harvard Business School.
- Effrosyni Diamantoudi & Licun Xue, 2003.
"Farsighted stability in hedonic games,"
Social Choice and Welfare,
Springer, vol. 21(1), pages 39-61, 08.
- Kominers, Scott Duke, 2012. "On the correspondence of contracts to salaries in (many-to-many) matching," Games and Economic Behavior, Elsevier, vol. 75(2), pages 984-989.
- John William Hatfield & Scott Duke Kominers & Alexandru Nichifor & Michael Ostrovsky & Alexander Westkamp, 2013. "Stability and Competitive Equilibrium in Trading Networks," Journal of Political Economy, University of Chicago Press, vol. 121(5), pages 966 - 1005.
- Michael Ostrovsky, 2008. "Stability in Supply Chain Networks," American Economic Review, American Economic Association, vol. 98(3), pages 897-923, June.
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