Marriage markets with externalities
This paper examines a marriage market with externality. We first develop an appropriate notion of stability for this market, called E-stability. We provide an example to show that an E-stable outcome need not exist. We then derive conditions under which an E-stable outcome exists.
|Date of creation:||Jan 2004|
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- Roth, Alvin E. & Sotomayor, Marilda, 1992.
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
- Sonmez, Tayfun, 1996.
"Implementation in generalized matching problems,"
Journal of Mathematical Economics,
Elsevier, vol. 26(4), pages 429-439.
- Prabal Ray Chaudhuri, 1997. "Generalized assignment models: with an applicationto technology transfer," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 10(2), pages 335-360.
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