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Fractional matching markets

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  • Manjunath, Vikram

Abstract

I take a decentralized approach to fractional matching with and without money. For the model with money I define and show the existence of competitive equilibria. For the model without money, while competitive equilibria may not exist, I define a version of approximate equilibrium and show existence.

Suggested Citation

  • Manjunath, Vikram, 2016. "Fractional matching markets," Games and Economic Behavior, Elsevier, vol. 100(C), pages 321-336.
  • Handle: RePEc:eee:gamebe:v:100:y:2016:i:c:p:321-336
    DOI: 10.1016/j.geb.2016.10.006
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    References listed on IDEAS

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    Keywords

    Fractional matching; Competitive equilibrium;

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies

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