IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this paper or follow this series

Labor Time Shared In The Assignment Game Generating New Cooperative And Competitive Structures

  • Marilda Sotomayor

    ()

Registered author(s):

    Aiming to obtain new characterizations for the concepts of core, cooperative equilibrium and competitive equilibrium, and new correlations among these concepts, we introduce labor time into the assignment game. Two many-to-many matching models are obtained, distinguished by the nature of the agreements - rigid and flexible. An example illustrates that the characteristic function form does not always fully represent the cooperative structure of the two markets. Two different notions of demand correspondence generate distinct sets of competitive equilibrium allocations. The connection between the cooperative structures of both markets and the cooperative and competitive structures of each market is established through five cooperative solution sets proved to be non-empty, distinct and correlated by the set inclusion - one set is a superset of the next: the maximal set is the core; the second one characterizes the cooperative equilibria for the rigid market; the third set characterizes the cooperative equilibria for the flexible market; the other two sets characterize the competitive equilibrium allocations for the two competitive markets.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL: http://www.fea.usp.br/feaecon/RePEc/documentos/Marilda02WP.pdf
    Download Restriction: no

    Paper provided by University of São Paulo (FEA-USP) in its series Working Papers, Department of Economics with number 2013_02.

    as
    in new window

    Length:
    Date of creation: 19 Feb 2013
    Date of revision:
    Handle: RePEc:spa:wpaper:2013wpecon2
    Contact details of provider: Postal: (011) 818-5811
    Phone: +55-11-3091-5944
    Fax: +55-11-3091-6013
    Web page: http://www.fea.usp.br/feaecon/
    Email:


    More information through EDIRC

    Order Information: Email:


    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    as in new window
    1. Gul, Faruk & Stacchetti, Ennio, 1999. "Walrasian Equilibrium with Gross Substitutes," Journal of Economic Theory, Elsevier, vol. 87(1), pages 95-124, July.
    2. Camina, Ester, 2006. "A generalized assignment game," Mathematical Social Sciences, Elsevier, vol. 52(2), pages 152-161, September.
    3. Sotomayor, Marilda, 2007. "Connecting the cooperative and competitive structures of the multiple-partners assignment game," Journal of Economic Theory, Elsevier, vol. 134(1), pages 155-174, May.
    4. Kelso, Alexander S, Jr & Crawford, Vincent P, 1982. "Job Matching, Coalition Formation, and Gross Substitutes," Econometrica, Econometric Society, vol. 50(6), pages 1483-1504, November.
    5. Fagebaume, Alexis & Gale, David & Sotomayor, Marilda, 2010. "A note on the multiple partners assignment game," Journal of Mathematical Economics, Elsevier, vol. 46(4), pages 388-392, July.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:spa:wpaper:2013wpecon2. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Pedro Garcia Duarte)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.