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

  • Ma, Jinpeng

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.sciencedirect.com/science/article/B6WFW-458NM57-18/2/a369aa4f34a4130e2128b579abae5264
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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 34 (2001)
Issue (Month): 1 (January)
Pages: 83-103

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Handle: RePEc:eee:gamebe:v:34:y:2001:i:1:p:83-103
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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  1. Ma, Jinpeng, 1998. "Competitive Equilibrium with Indivisibilities," Journal of Economic Theory, Elsevier, vol. 82(2), pages 458-468, October.
  2. Roth, Alvin E, 1984. "Stability and Polarization of Interests in Job Matching," Econometrica, Econometric Society, vol. 52(1), pages 47-57, January.
  3. Roth, Alvin E. & Sotomayor, Marilda, 1992. "Two-sided matching," Handbook of Game Theory with Economic Applications, in: R.J. Aumann & S. Hart (ed.), Handbook of Game Theory with Economic Applications, edition 1, volume 1, chapter 16, pages 485-541 Elsevier.
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