Decentralized bargaining in matching markets: efficient stationary equilibria and the core
Sign Up to like & getrecommendations! Published in 2019 at "Theoretical Economics"
DOI: 10.17863/cam.22174
Abstract: We gratefully acknowledge the research support and hospitality of Microsoft Research New England. Matt Elliott acknowledges financial support from NSF Grant 1518941. read more here.
Keywords: efficient stationary; matching markets; bargaining matching; stationary equilibria ... See more keywords
Decentralized bargaining in matching markets: Efficient stationary equilibria and the core
Sign Up to like & getrecommendations! Published in 2019 at "Theoretical Economics"
DOI: 10.3982/te2416
Abstract: This paper studies market clearing in matching markets. The model is non-cooperative, fully decentralized, and in Markov strategies. Workers and firms bargain with each other to determine who will be matched with whom and at… read more here.
Keywords: efficient stationary; markets efficient; matching markets; stationary equilibria ... See more keywords