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Two Folk Manipulability Theorems In Two-Sided Matching Markets

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Abstract

We prove two Folk Theorems which, together with the Non-Manipulability Theorem (Demange (1982) and Leonard (1983)), have stimulated the development of the theory on incentives for the one-to-one two-sided matching models with money as a continuous variable.

Suggested Citation

  • Marilda Sotomayor, 2012. "Two Folk Manipulability Theorems In Two-Sided Matching Markets," Working Papers, Department of Economics 2012_28, University of São Paulo (FEA-USP).
  • Handle: RePEc:spa:wpaper:2012wpecon28
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    More about this item

    Keywords

    matching; Stable payoff; competitive equilibrium payoff; optimal stable payoff;
    All these keywords.

    JEL classification:

    • C78 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Bargaining Theory; Matching Theory
    • D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation

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