Contract design and stability in many-to-many matching
John William Hatfield and
Games and Economic Behavior, 2017, vol. 101, issue C, 78-97
We develop a model of many-to-many matching with contracts that subsumes as special cases many-to-many matching markets and buyer–seller markets with heterogeneous and indivisible goods. In our setting, substitutable preferences are sufficient to guarantee the existence of stable outcomes; moreover, in contrast to results for the setting of many-to-one matching with contracts, if any agent's preferences are not substitutable, then the existence of a stable outcome can not be guaranteed.
Keywords: Many-to-many matching; Stability; Substitutes; Contract design (search for similar items in EconPapers)
JEL-codes: C78 C62 D47 L14 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13) Track citations by RSS feed
Downloads: (external link)
Full text for ScienceDirect subscribers only
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eee:gamebe:v:101:y:2017:i:c:p:78-97
Access Statistics for this article
Games and Economic Behavior is currently edited by E. Kalai
More articles in Games and Economic Behavior from Elsevier
Bibliographic data for series maintained by Haili He ().