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Nash implementation in a many-to-one matching market

Author

Listed:
  • Noelia Juarez
  • Paola B. Manasero
  • Jorge Oviedo

Abstract

In a many-to-one matching market with substitutable preferences, we analyze the game induced by a stable matching rule. We show that any stable matching rule implements the individually rational correspondence in Nash equilibrium when both sides of the market play strategically. We also show that when only workers play strategically in Nash equilibrium and when firms' preferences satisfy the law of aggregate demand, any stable matching rule implements the stable correspondence in Nash equilibrium.

Suggested Citation

  • Noelia Juarez & Paola B. Manasero & Jorge Oviedo, 2023. "Nash implementation in a many-to-one matching market," Papers 2305.13956, arXiv.org, revised Oct 2023.
    • Handle: RePEc:arx:papers:2305.13956
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D47 - Microeconomics - - Market Structure, Pricing, and Design - - - Market Design

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