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Job Matching and Coalition Formation with Utility or Disutility of Co-workers

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Author Info
Jinpeng Ma

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Abstract

This paper studies the job matching market in Kelso and Crawford(1982) with one exception that co-workers may generate utility or disutility in the workplace. We provide a simple idea to show how a great number of sufficient condiions for a nonempty core in the literature can be extended to this labor market. We also provide a deterministic and a stochatic recursive dynamic system each of which converges to an efficient core outcome as long as the core is nonempty.

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File URL: http://www.kellogg.northwestern.edu/research/math/papers/1230.pdf
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Paper provided by Northwestern University, Center for Mathematical Studies in Economics and Management Science in its series Discussion Papers with number 1230.

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Date of creation: Oct 1998
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Handle: RePEc:nwu:cmsems:1230

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Find related papers by JEL classification:
D71 - Microeconomics - - Analysis of Collective Decision-Making - - - Social Choice; Clubs; Committees; Associations

References listed on IDEAS
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  1. Jinpeng Ma, 1998. "Competitive Equilibrium with Indivisibilities," Departmental Working Papers 199809, Rutgers University, Department of Economics. [Downloadable!]
  2. Ma, Jinpeng, 1998. "Competitive Equilibrium with Indivisibilities," Journal of Economic Theory, Elsevier, vol. 82(2), pages 458-468, October. [Downloadable!] (restricted)
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Cited by:
(explanations, 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.)

  1. Glazer, Amihai & Kanniainen, Vesa & Poutvaara, Panu, 2004. "Initial Luck, Status-Seeking and Snowballs Lead to Corporate Success and Failure," IZA Discussion Papers 1426, Institute for the Study of Labor (IZA). [Downloadable!]
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